The EU and India have adopted a Joint Declaration on Clean Energy and Climate

The eu and india have adopted a joint declaration on

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The EU and India have adopted a Joint Declaration on Clean Energy and Climate Partnership. 308 The European Investment Bank has already provided loans for more than Euro 1.2 billion to support implementation of energy and climate related projects in India. 309 India and Norway have decided to target innovation projects in companies in the field of renewable energy. A joint call between the Research Council of Norway and Department of Science and Technology of India was launched in February 2017. The call wasfor USD 1 million, targeting innovation projects in companies collaborating with research institutions in the field of renewable energy. 310 Foreign strategic investors have largely stayed away from the flurry of deal making in India’s renewable energy sector, preferring instead to build from the ground up.Out of the $2.32 billion worth of mergers and acquisitions in India’s renewable energy sector in the last 15 months, foreign companies have bought assets worth just $290.6 million, while Indian companies have acquired $2.03 billion worth of assets. 311 Conclusion Despite the fact that India has done well on many sustainable development goals and climate goals, much is yet desired to achieve sustainable development in the real sense. First and foremost is the need for a clear road map to implement the SDGs with identified roles for the state governments, and a monitoring mechanism to measure progress. It also needs to draw up a quick plan to overcome the want for quality data. Public education and awareness are second to none in terms invoking agency of people in achievement of the SDGs. The SDGs are more complex than to be achieved by the policies and government programmes alone. The countries need to harness energy, understanding and partici- pation all stakeholders including the NGOs to make sustainable development a reality. Authors: Ajay Jha and Anshul S Bhamra Contributing organizations: Bharat Jan Vigyan Jathha (BJVJ), Beyond Copenhagen India, Centre for Community Economics and Development Consultants Society (CECOEDECON), Development Alternatives, Development Support Team (DST) Pune, HUMANITY Jharkhand, Kisan Sewak Sangh (KSS), Krishak Biradari, Lok Vikas Sansthan Public Advocacy Initiatives for Rights and Values in India (PAIRVI), SEWA Chhattisgarh, South Asian Dialogues for Ecological Democracy (SADED), VASPS Madhya Pradesh and Uttarakhand Development Institute (UDI) 307 308 309 - paign=cppst 310 India Norway discuss innovation projects in renewable energy, India Today, February 14, 2017 india-norway-discuss-innovation-projects-in-renewable-energy/1/882869.html 311 Foreign investors giving M&A deals in India’s renewable energy, Livemint, April 21, 2017, Q5Florefv9lbFwnMQhsXpO/Foreign-investors-giving-MA-deals-in-Indias-renewable-ener.html
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