What is the partnership between Japan and India?

Cooperation under this partnership will cover areas including, but not limited to: Clean coal technology. Implementation of the partnership will be undertaken under the existing ‘Japan-India Energy Dialogue’, among various stakeholders such as Ministries and organizations involved in this mechanism.

How will India-Japan Environment Week help reduce emissions?

The countries are utilising new technologies and economic models that would help reduce emissions. This provides significant opportunities to improve bilateral cooperation towards clean and sustainable energy transitions. The first India-Japan environment week was held in New Delhi from January 12-13, 2023.

How India & Japan can achieve net zero by 2050?

India and Japan have made important strides in developing the vision of a secure, resilient, sustainable energy network. India has set an ambitious target of achieving net zero by 2070. Japan has initiated a goal of becoming net zero by 2050. The countries are utilising new technologies and economic models that would help reduce emissions.

Will JBIC invest in clean Max & Osaka Gas?

JBIC, together with Osaka Gas, will make an equity investment in these projects, which are developed and operated by Clean Max based on Corporate PPA, mainly in Karnataka, India. Osaka Gas designates India as one of its most important target countries for business development, considering the country’s economic scale and growth potential.

What is Japan's Energy Transition Initiative?

Japan is the fifth largest energy consumer globally. Representative photo: iStock. Japan’s Asia Energy Transition Initiative (AETI), launched in 2021, initially supported the Association of South East Asian Nations (ASEAN) countries towards achieving net zero emissions, including financial assistance of $10 billion for renewable energy.

How can India and Japan achieve a low-carbon economy?

India and Japan acknowledge the need to explore a variety of options to ensure secure and stable supply of energy for achieving both goals of sustainable economic growth and addressing climate change. They share the view that there is no single pathway to achieve low-carbon economy, but rather there are different paths for each country.