Germany and India agree close partnership on clean mobility and renewables
Clean Energy Wire
The governments of India and Germany have agreed on close cooperation to promote a climate-friendly transition in the energy and transport sectors. On a visit to India, German Chancellor Angela Merkel agreed with India's Prime Minister Narendra Modi to start a "German-Indian Partnership for Green Urban Mobility”. For this, Germany will provide one billion euros over the next five years to deploy 500 new electric buses and replace 2,000 old diesel buses with more energy-efficient models, among other things, said Merkel. "Those who looked at air quality in Delhi yesterday will probably find a few good arguments for more e-buses," Merkel said, with a view to the extreme levels of air pollution in India's capital over the past week. Germany's development bank KfW granted a credit line of 200 million euros for climate-friendly energy supply in India.
Germany's government has made forging international climate action alliances and exploiting the economic potential of exporting energy transition technologies key aspects of its foreign policy. Emerging markets like India are seen as especially promising for companies looking for buyers for renewable energies or efficiency technology and also play a key role in reaching international climate targets.