Denmark Launches Green Fuels Alliance India to Drive Sustainable Energy Collaboration at GIM 2024

At the Global Investors Meet (GIM) 2024, Denmark unveiled the Green Fuels Alliance India (GFAI), a pivotal initiative under the Green Strategic Partnership (GSP) signed between India and Denmark in 2020. The GFAI aims to accelerate collaboration in the sustainable energy solutions sector, aligning with the joint global objective of carbon neutrality.

Strategic Alliance for Sustainable Growth

Led by the Danish Embassy and the Consulate-General of Denmark in India, the GFAI focuses on advancing the green fuels sector, particularly green hydrogen. Nine leading Danish organizations, including Maersk, Novozymes, and Danfoss, commit as founding members, highlighting a strategic approach to fostering innovation and collaboration.

Ecosystem for Collaboration

The primary goal of the GFAI is to establish an ecosystem promoting collaboration among businesses, government entities, research institutions, and financial stakeholders. This initiative bolsters India’s efforts to achieve net zero emissions by 2070, showcasing a commitment to sustainable energy growth.

Advisory Board and Key Partners

The GFAI’s advisory board includes key entities such as the India Hydrogen Alliance and the Danish Energy Agency. This alliance underscores the commitment to sustainable energy solutions, further cementing the bond between India and Denmark in the pursuit of a greener future.

Important Questions Related to Exams

  1. What was unveiled by Denmark at GIM 2024, showcasing collaboration with India in sustainable energy solutions?

  2. Under the GFAI initiative, who are the founding members committed to advancing the green fuels sector?
  3. Highlight the primary objective of the Green Fuels Alliance India (GFAI) and its role in India’s sustainability efforts.
  4. Which strategic partnership laid the foundation for the GFAI initiative, and how does it contribute to the global goal of carbon neutrality?

Please provide your answers in the comment section!!

 

 

piyush

Recent Posts

Outlook for India’s Export Growth in FY25: FIEO Projections

The Federation of Indian Export Organisations (FIEO) forecasts India's merchandise exports to reach $500-510 billion…

42 mins ago

GST Portal Implements Machine Registration for Pan Masala and Tobacco Manufacturers to Curb Evasion

In an effort to combat tax evasion in the pan masala and tobacco sectors, the…

1 hour ago

India’s Internet Economy Likely to Reach $1 Trillion by 2030: Experts

India's internet economy is poised for significant growth, with industry experts predicting it will reach…

1 hour ago

UN Revises India’s 2024 Economic Growth Projection Upwards to Nearly 7%

The United Nations has revised India's economic growth forecast for 2024, projecting a robust expansion…

2 hours ago

China’s Industrial Output Rises 6.7% in April as Manufacturing Gathers Pace

China's industrial output grew by 6.7% year-on-year in April, a significant increase from the 4.5%…

2 hours ago

Top-10 Tourist Places in Haryana to Visit in 2024

Haryana, nestled in the heart of northern India, is a land of cultural richness and…

18 hours ago