3rd DRC-NITI Aayog Dialogue
- The 3rd edition of the Dialogue between the NITI Aayog and the Development Research Council of China, the DRC- NITI Aayog Dialogue was held in Beijing
- The DRC-NITI Dialogue provides an important platform for both sides to discuss key macro- economic issues impacting both countries and areas of mutual interest.
- The 3rd Dialogue enabled an in-depth interaction between the two delegations on the world economic prospects, India-China economic cooperation and practices for sustainable growth.
Details
- Both sides exchanged views on policies and measures to address the challenges for attaining sustainable growth.
- In-depth discussions were held on sharing of experiences and best practices in the areas of Electric mobility, Clean energy, Higher education and Special Economic Zones (SEZs).
- The two sides agreed that the 4th NITI Aayog – DRC Dialogue will be convened in India in 2018.
India Water Impact Summit
- The 2017 India Water Impact Summit is being organised along with many other organisations that will provide the much necessary impetus for developing water and environment infrastructure in the Ganga River Basin and other water bodies in India.
- The four day summit has been organised by Centre for Ganga River Basin Management and studies, IIT Kanpur with the collaboration of National Mission for Clean Ganga, Ministry of Water Resources, River Development and Ganga Rejuvenation with the main focus on “Valuing Water Transforming Ganga”.
- The summit will address both macro as well as micro issues related to the water sector moving the markers dynamics towards the adoption of an integrated water resources management model. The first summit was held in 2012.
International Solar Alliance (ISA)
- The International Solar Alliance (ISA) is an alliance of more than 121 countries, most of them being sunshine countries, which come either completely or partly between the Tropic of Cancer and the Tropic of Capricorn.
- The alliance’s primary objective is work for efficient exploitation of solar energy to reduce dependence on fossil fuels.
- ISA is part of Prime Minister’s vision to bring clean and affordable energy within the reach of all and create a sustainable world.
- The ISA, headquartered in India, has its Secretariat located in the campus of National Institute of Solar Energy, Gwalpahari, Gurgaon, Haryana and also has contributed Rs 175 crore for ISA corpus fund and also for meeting expenditure for initial five years.
Objectives
- to force down prices by driving demand;
- to bring standardization in solar technologies
- To foster research and development.
- increasing utilization and promotion of solar energy and solar applications
Initiatives
- ISA has also been developing a Common Risk Mitigating Mechanism (CRMM)for de-risking and reducing the financial cost of solar projects in the ISA member countries.
- The instrument will help diversify and pool risks on mutual public resources and unlock significant investments.An international expert group has been working on the blue print of the mechanism and it will be rolled out by December 2018.
- Another major initiative is establishment of Digital Infopediawhich will serve as a platform to enable policy makers, Ministers and corporate leaders from ISA countries to interact, connect, communicate and collaborate with one another.
Other details
- Three programmes – Scaling Solar Applications for Agriculture Use, Affordable Finance at Scale, and Scaling Solar Mini-grids – have been launched.
- These programmes will help in achieving the overall goal of increasing solar energy deployment in the ISA member countries for achieving universal energy access and speeding up economic development
- In addition to the existing 3 programmes, ISA has initiated plans to launch two more programmes: Scaling Solar Rooftops and Scaling Solar E-mobility and Storage.
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