During the 2nd India-Australia Annual Summit held in Rio de Janeiro, Prime Minister Narendra Modi and his Australian counterpart Anthony Albanese officially launched the Renewable Energy Partnership (REP). This partnership focuses on enhancing two-way investment in renewable energy sectors, emphasizing priority areas like solar PV, green hydrogen, energy storage, and skills training for the renewables workforce. Both leaders expressed their dedication to fostering climate action and furthering the Comprehensive Strategic Partnership between India and Australia. The joint statement highlighted the importance of the REP in driving the transition towards renewable energy to achieve net zero targets. Australian Prime Minister Albanese underscored the significance of this partnership in boosting investments in renewable energy sectors and supporting the renewable workforce. The launch of the Renewable Energy Partnership signifies the collaborative efforts of India and Australia in advancing climate initiatives and leveraging their combined capabilities for sustainable development.