India Launches Global Energy Initiative “Mission Innovation CleanTech Exchange”

The Governments of 23 nations, including India, have collectively launched a bold new plan called Mission Innovation 2.0, to catalyze action and spearhead a decade of innovation for global investment in clean energy research, development and demonstrations. Mission Innovation 2.0 is the second phase of the global Mission Innovation initiative, launched alongside the Paris Agreement at the 2015 COP21 conference. The new initiative was launched at the Innovating to Net Zero Summit, hosted by Chile.

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Purpose: To make clean energy affordable, attractive and accessible throughout this decade; To accelerate action towards the Paris Agreement; and Net-zero pathways.

Plan: Under this new MI 2.0, a series of new Missions will be undertaken, which will be supported by a new global Innovation Platform to strengthen confidence and awareness in emerging innovations and maximize the impact of national investments.

India’s Effort: As a part of this Platform, India has launched the Mission Innovation CleanTech Exchange, to create a network of incubators across member countries. The network will provide access to the expertise and market insights needed to support new technologies to access new markets globally.

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