Green transition, internet zero purpose: India, Finland discover tie-up

Senior Niti Aayog officers met with a prime delegation from Finland to debate the Scandinavian nation’s choices within the inexperienced power sector and discover potential partnerships for India’s inexperienced transition and decarbonisation efforts, together with sharing of assets like expertise and funds, The Indian Express has learnt.

In a gathering held Tuesday, Mika Lintilä, Finland’s Minister for Economic Affairs, is learnt to have mentioned Finnish choices in power and associated sectors together with grid balancing and grid stability, biofuels, inexperienced hydrogen, power storage and waste-to-energy, amongst different issues.

The assembly passed off a day after Lintilä had met Science and Technology Minister Jitendra Singh. “Finland has a lot of experience in transitioning to green energy. At the meeting, we discussed sharing technology, finances and Finland’s experience in reaching net zero by 2035, which is much ahead of us,” stated a prime official NITI Aayog. At the twenty sixth Conference of Parties (COP26) final 12 months, Prime Minister Narendra Modi had dedicated India to a internet zero carbon emissions goal by 2070.

The two international locations additionally mentioned how their non-public corporations might collaborate with one another and the function the 2 governments might play in public procurement of applied sciences from these corporations, the official stated.

On Monday, India and Finland introduced the institution of an Indo-Finnish Virtual Network Centre on Quantum Computing and inked a proper memorandum of understanding to that impact.