In news- India and the UK have launched a new workstream to promote industrial energy efficiency, under the Clean Energy Ministerial’s (CEM) Industrial Deep Decarbonization Initiative (IDDI) in the backdrop of 12th CEM organised virtually by Chile with coordination by the United Nations Industrial Development Organization (UNIDO).
- The IDDI initiative has been supported by Germany and Canada, with more countries expected to join soon.
- India and the UK recently had agreed on a joint roadmap for climate action by 2030 in a virtual meeting of Indian Prime Minister Narendra and his UK counterpart.
- The objective of the new collaboration is to infuse green technologies and stimulate demand for low-carbon industrial material.
- The partnership includes new collaboration on clean energy transition and protecting forests and joint leadership to develop resilient infrastructure in climate vulnerable countries.
- As India is committed to cutting emissions intensity per unit of GDP by 33-35 per cent by 2030, effective deployment of low carbon technologies in energy-intensive sectors like iron and steel, cement and petrochemicals is the need of the hour.
- The Clean Energy Ministerial (CEM) is a high-level global forum to promote policies and programs that advance clean energy technology, to share lessons learned and best practices, and to encourage the transition to a global clean energy economy.
- Initiatives are based on areas of common interest among participating governments and other stakeholders.
- The current 26 members account for 90% of the world’s clean power and 80% of global clean energy investment.
- At the UNFCCC meet in Copenhagen in December 2009, the U.S. announced that it would host the first Clean Energy Ministerial.
- The theme of CEM12 was “Ambition into Action– Turning a Year of Ambition into a Decade of Delivery”.
- The CEM is focused on three global climate and energy policy goals:
- Improve energy efficiency worldwide
- Enhance clean energy supply
- Expand clean energy access