U.S.-India Energy and Climate Change Cooperation
U.S.-India Energy and Climate Change Cooperation
Fact Sheet
Office of the
Spokesperson
Washington, DC
September 30,
2014
Beginning a New Era of Cooperation
The United States and India pledged to strengthen and expand the U.S.-India Partnership to Advance Clean Energy (PACE), to work together toward a successful outcome of UN climate negotiations in Paris in December 2015, and to expand bilateral cooperation on climate change.
• Ex-Im Finance
MOU: The Export-Import Bank of the United States
(U.S. Ex-Im Bank) and the Indian Renewable Energy
Development Agency (IREDA) have agreed to enter into an MOU
which would make available up to $1 billion in U.S. Ex-Im
Bank financing to support the export of Made-in-America
renewable energy goods and services in connection with clean
energy projects in India. The MOU supports India’s goal
of transitioning to a low-carbon and climate-resilient
energy economy, while creating and sustaining renewable
energy industry jobs in the United States. U.S. Ex-Im Bank
and IREDA intend to establish a framework for cooperation
under the MOU to increase financing and mutually beneficial
business opportunities in support of India’s energy
initiatives, including the doubling of the upcoming phase of
Jawaharlal Nehru National Solar Mission (JNNSM) to 3,000
megawatts.
•
• Energy Smart Cities:
Responding to the Government of India’s goals of
bringing 24x7 power to all, accelerating the deployment of
solar technology, and improving living standards, the U.S.
and India plan to engage in a new partnership on energy
smart cities that will showcase the policies, technologies,
and business and finance models needed to turn clean energy
into a commercial opportunity that will draw in private
capital and allow commercial scale-up to take
off.
•
• “Greening the Grid” -
ensuring reliable delivery of clean energy through a
stronger, more flexible power system: This new,
multi-million dollar, multi-year effort will directly
support India’s 24x7 energy access goal through a suite of
activities aimed at enabling large-scale deployment of clean
energy and energy efficiency. This initiative will enable
India to absorb significant increases in renewable energy
generation and position India as a leader in global efforts
to reform power systems.
•
• Expanding
PEACE, the U.S.-India Off-Grid Clean Energy
Initiative: To further support India’s energy
access goals, the United States and India agreed to expand
the Promoting Energy Access through Clean Energy (PEACE)
initiative to include a new private sector investment
initiative with a goal of enabling energy access for
1,000,000 people and a new focus on mainstreaming
super-efficient, high-quality, and cost-effective appliances
so this energy access can support a broader range of
services. These activities will significantly strengthen
the business case for a scaled-up private sector response to
the demand for energy in un-served
areas.
•
• Clean Energy Finance
Forum: The United States and India plan to create
a bilateral Clean Energy Finance Forum through which public
and private sector officials from both sides could explore
specific opportunities to mobilize finance for clean
energy.
•
• Energy Security:
The United States and India will enhance cooperation and
information exchange on global energy trends and mutual
interests in market stability and promotion of sustainable
economic growth. The U.S. government is evaluating new
activities that would help India reduce imports, become more
efficient, and meet new international environmental
standards for fuels.
•
• Hydrofluorocarbons (HFCs):
The leaders recalled previous bilateral and multilateral
statements on the phase-down of HFCs. They recognized the
need to use the institutions and expertise of the Montreal
Protocol to reduce consumption and production of HFCs, while
continuing to report and account for the quantities reduced
under the UN Framework Convention on Climate Change. They
pledged to urgently arrange a meeting of their bilateral
task force on HFCs prior to the next meeting of the Montreal
Protocol to discuss issues such as safety, cost and
commercial access to new or alternative technologies to
replace HFCs. The two sides would thereafter cooperate on
next steps to tackle the challenge posed by HFCs to global
warming.
•
• U.S.-India Partnership for
Climate Resilience: The United States and India
intend to identify opportunities to jointly advance capacity
for strengthening climate resilience, including through
development of actionable information, data and tools to
help national, state, and local officials with climate
adaptation planning.
•
• Air
Quality: The United States and India announced a
new program of work on air quality to expand joint efforts
that deliver human health, environmental, and climate
benefits. Possible focus areas include improving air
quality monitoring and source identification, assessing the
co-benefits of mitigation options, and aiding urban areas in
responding to episodic high-level air pollution
events.
•
• U.S.-India Climate Fellowship
Program: The two governments announced their
intention to create a new U.S.-India Climate Fellowship
Program in order to build long-term capacity to address
climate change.
•
• Reducing Emissions
from Deforestation and Forest Degradation: The
United States and India agreed to take continued steps to
advance the Green India Mission. Among these, the United
States will work with India to explore the possibility of
placing a Forest Fellow in the Ministry of Environment,
Forests, and Climate Change.
•
Building on
a Strong Foundation
The United States and India have taken significant strides together on energy and climate, including under the U.S.-India Energy Dialogue and the U.S.-India Joint Working Group on Combating Climate Change. Since 2009, the U.S.-India Partnership to Advance Clean Energy (PACE) has mobilized nearly $2.4 billion in public and private clean energy finance to support India’s clean energy goals and $125 million for cutting-edge research on solar, biofuels, and energy efficient buildings through the U.S.-India Clean Energy Research and Development Center. This partnership includes thePACE-D Technical Assistance Program, which is accelerating deployment of clean energy technologies and policies at the national and state levels, Promoting Energy Access through Clean Energy (PEACE), which aims to harness commercial enterprise to bring clean energy access to unserved and underserved Indian villages, the U.S.-India Collaboration on Smart and Efficient Air Conditioning and Space Cooling to drive rapid uptake of high-efficiency technologies, potentially avoiding the need to build at least 75 large power plants, and the U.S.-India Energy Cooperation Program (ECP), a public-private partnership between U.S. member companies and the governments of the United States and India. The United States and India also collaborate extensively on energy technology and policy through the multilateral Clean Energy Ministerial (CEM).
The United States and India are cooperating on reducing emissions from deforestation and forest degradation (REDD+) through the Partnership for Land Use Science (Forest-PLUS) Program, which is designing new tools, techniques, and methods for forest management. Through the Cereal Systems Initiative for South Asia (CSISA) program, India has improved the capacity of more than 350,000 farmers to adapt to the impacts of climate variability and change in Eastern India, and helped farmers bring more than 67,000 hectares of land under climate-resilient management practices. In addition, the National Oceanic and Atmospheric Administration is cooperating with the India Ministry of Earth Sciences onmonsoon prediction efforts that have enabled India to increase their forecast lead times by an entire day.
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