India's Green Hydrogen Vision: Accelerating Decarbonisation Efforts
Key Ideas
- Union Minister Nitin Gadkari highlights the crucial role of biofuels and green hydrogen in India's economic and environmental strategies.
- Indian Institute of Corporate Affairs and Carbon Market Association of India sign MoU to strengthen carbon markets and promote decarbonisation efforts.
- Hydrogen is positioned as a fuel for the future with India aiming for hydrogen production at $1 per kg and becoming a Green Hydrogen exporting country.
- Collaboration between IICA and CMAI includes training programs, research initiatives, workshops, and policy advocacy to support India's transition to a low-carbon economy.
The Indian Institute of Corporate Affairs (IICA) and the Carbon Market Association of India (CMAI) have forged a partnership in New Delhi to enhance India's carbon markets and expedite decarbonisation endeavors. Union Minister for Road, Transport & Highways, Nitin Gadkari, underscored the significance of biofuels and green hydrogen in India's economic and environmental blueprints, expressing, 'Hydrogen is fuel for the future.' Gadkari outlined pilot projects involving Bio Bitumin, Bio Aviation Fuel, and Bio CNG, affirming the conversion of knowledge into wealth as the way forward. With a goal to achieve hydrogen production at $1 per kg, India eyes a future as a Green Hydrogen exporting nation.
Topics
Training
Sustainability
Training Programs
Biofuels
Research Initiatives
Corporate Sector
Net-zero Goals
Low-carbon Economy
Carbon Markets
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