AMN / NEW DELHI
The Union Cabinet chaired by Prime Minister Narendra Modi today approved the Memorandum of Understanding (MoU) between India and France in the field of energy efficiency / energy conservation. The MoU was signed on 17th October 2018.
Major Impact:
The MoUis a Science and Technology agreement, which involves knowledge exchange and cooperation in the nature of technical assistance only. The MoU is expected to take forward information exchange on policies, programmes and technologies relating to enhanced energy efficiency and demand side management.
Benefits:
The MoU will lead to awareness creation on energy efficiency. Development of tools for collection, use and analysis of CO2 emissions and GHG data for tracking global emissions for INDC. It will promote Research and Development, and demonstration of energy efficient technologies. Development of sustainable mobility with specific focus on electric transport.