India-EU partnership to boost clean energy initiatives
Q. India-EU partnership is aiming to boost clean energy initiatives facilitate which of the following?- Published on 14 Jun 16a. Improved policy dialogue
b. Bringing best practices
c. Financing models for clean energy and climate change
d. All of the above
ANSWER: All of the above
Cooperation between India and the EU will facilitate political dialogue and bring forth best practices and business solutions for clean energy projects, especially in the farm sector. The partnership between India and the EU will facilitate policy dialogue and financing models for clean energy and climate change.
- AgDSM or Agriculture Demand Side Management adopting technologies to boost efficiencies was organised by FICCI and European Commission.
- European Investment Bank has provided loans for more than euro 1.2 billion to support implementation of energy and climate related projects in India. EU was closely involved in developing offshore wind, solar parks and energy efficiency in India.
- Agriculture uses 18 percent of the electricity consumed in the country and tackles energy security to implement climate commitments and ensure food security with water challenges.
- EU has therefore brought policy and financial experts as well as the European Business to India offering concrete solutions in this regard.
- On account of agricultural needs, close to 0.25 to 0.5 million new pump sets are being annually added
These high efficiency pumps will save 25-30 percent energy and industry has sufficient dumpsites to supply but there needs to be work for the adopting of these pump-sets.
