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Initiatives to produce green hydrogen on commercial scales in India have gained momentum, with ten companies being selected under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme earlier this month.

India News: The last date to submit bids for green hydrogen and electrolyser manufacturing projects under the government's SIGHT Scheme ends on December 12, Parli

The mission aims to develop India as a global hub for production, usage and exports of green hydrogen and its derivatives. It is expected to promote multilateral engagement and collaboration with various international efforts in hydrogen and fuel cells.

The New Delhi Declaration, if followed in letter and spirit, is undeniably the most effective way to proceed if we want to hold the increase in the global average temperature to well below 2°C above pre-industrial levels 

The G20 countries have committed to urgently accelerate actions to address environmental crises and challenges, including climate change. India, as a leading voice of the global south, has maintained that many climate-hit countries are not responsible for the damages wrought on them. While these nations are willing to join the fight against climate change, they have a right to choose their path to reach net zero, arrest land degradation, conserve biodiversity and enrich wildlife.

India’s alacrity to secure a consensus has resurrected the G20’s credibility and signalled its transition from being a balancing world power to a leading power

In response to UN calls for the urgent elimination of coal, the G20 has responded with a commitment to keep coal as long as needed, and to pursue nuclear energy with the same urgency as renewables.

G20 nations in New Delhi also reiterated their commitment to achieve global net zero GHG emissions/carbon neutrality by or around mid-century

G20 leaders have agreed to accelerate energy transitions in order to achieve climate objectives. They will support innovation, technology transfer, and low-cost financing to foster clean and sustainable energy. The leaders also emphasized the importance of uninterrupted energy flows, energy security, and market stability. Developing countries will be supported in their transitions to low carbon emissions through low-cost financing.

From mainstreaming LiFE to scaling up climate finance, several issues found a mention in the declaration.