Pact for good policy practices
The Department of Biotechnology (DBT) and International Energy Agency (IEA) have signed a Memorandum of Understanding (MoU) for Enhancing Innovation for the Clean Energy Transition.
The Department of Biotechnology (DBT), Ministry of Science and Technology, and the International Energy Agency (IEA) signed a Memorandum of Understanding (MoU) on Enhancing Innovation for Clean Energy Transition today.
The MoU was signed in Delhi on 30 Aug 2018 in the presence of Dr. Harsh Vardhan Minister, for Science & Technology by Secretary DBT, Dr. Renu Swarup and Executive Director of IEA, Dr. Fatih Birol.
The MoU seeks to deepen co-operation in support of clean energy innovations to accelerate the research, development, and demonstration (RD&D) of clean energy technologies in India.
It will help support the generation of data for policymaking and improve knowledge of good policy practices for innovation in India and around the world.
Welcoming the initiative, Dr. Vardhan said this will ensure cooperation on sharing of data regarding energy and its analysis.
He reiterated India’s commitment of meeting its obligations under Paris Accord and expressed confidence that “we will meet target even before time. He recalled his attendance in three Mission Innovation Ministerial programmes where India’s role in clean energy development was appreciated by the international community.”
Dr Vardhan pointed out that India leads the Innovation Challenges and houses the International Energy Incubator.
Dr. Birol observed that India is the innovation lead in clean energy development.
The IEA recognizes that India is on the central stage of global energy, he added.
The MoU will ensure cooperation for sharing of energy policies on RD&D and sharing of best practices on data collection and analysis.
It also has a provision for activities such as training and capacity building and accelerating energy innovation by identifying sources of finance. This agreement will be coordinated for the Ministry of Sceince & Technology by the Mission Innovation India Unit set up by DBT and for IEA by its International Partnership and Initiatives Unit (IPI).
The MoU is initially valid for three years. fiines.com
