India Development News & Foreign Investment Opportunities

IORA Countries adopt Delhi Declaration

ISA Member Countries to collaborate

0

ISA Member Countries to collaborate

 

 

As many as 21 countries in the Indian Ocean Rim Association (IORA) today adopted the Delhi Declaration on Renewable Energy in the Indian Ocean Region, post the 2nd IORA Renewable Energy Ministerial Meeting held at the 2nd Global Re-Invest India-ISA Partnership Renewable Energy Investor’s Meet & Expo in Greater Noida.

The Delhi Declaration on Renewable Energy in the Indian Ocean Region calls for collaboration among IORA member states in meeting the growing demand for renewable energy in the Indian Ocean littorals, development of a common renewable energy agenda for the Indian Ocean region and promote regional capacity building.

The declaration also calls for promotion of technology development and transfer, strengthening of public private partnerships in renewable energy and collaboration among IORA member states and the member nations of the International Solar Alliance (ISA).

IORA member countries also resolved to collaborate with the International Renewable Energy Agency (IRENA).

As per the declaration adopted, IORA member nations will collaborate with the ISA member nations to exchange knowledge and share views and potential interests in the renewable energy sector; paved by the Memorandum of Understanding (MoU) signed between IORA and ISA on 3 October 2018, with a focus on joint capacity-building programs, research & development activities in solar energy and exchange of best practices.

Additionally, IORA member nations and IRENA will undertake the expansion of the Global Renewable Energy Atlas, the world’s largest-ever joint renewable resource data project, coordinated by IRENA, thereby creating the Indian Ocean region’s first and most comprehensive map and database which can then be used to tap the sizable renewable energy potential of the region; and to collaborate on opportunities available under the International Renewable Energy Learning Platform (IRELP).

The Indian Ocean Rim Association was set up with the objective of strengthening regional cooperation and sustainable development within the Indian Ocean Region with 21 Member States and 7 Dialogue Partners.

The last Renewable Energy Ministerial Meeting was held on 21st January, 2014 in Abu Dhabi, UAE. Subsequently, during the meeting of IORA Council of Ministers, held in October 2016 in Bali, Indonesia, it was decided that the next conference will be held in India. In line with the commitment made, India hostedthe 2nd IORA Renewable Energy Ministerial meet today.

India, Australia, Iran, Indonesia Thailand, Malaysia, South Africa, Mozambique, Kenya, Sri Lanka, Tanzania, Bangladesh, Singapore, Mauritius, Madagascar, UAE, Yemen, Seychelles, Somalia, Comoros and Oman are members of IORA. fiinews.com

Leave A Reply

Your email address will not be published.