India US Climate Action and Finance Mobilization Dialogue (CAFMD)

India and the United States are natural partners with shared values and our agenda encompasses all major pillars of our strategic priorities - including defence, security, energy, technology, education and healthcare
The United States is to collaborate with India to work towards installing 450 GW of renewable energy by 2030.
Currently, India’s installed power capacity is projected to be 476 GW by 2021-22, and is expected to rise to at least 817 GW by 2030.
Mr. Kerry was speaking at a public function following a meeting with Union Environment Minister Bhupender Yadav at the launch of the Climate Action and Finance Mobilization Dialogue (CAFMD).
The CAFMD is one of the two tracks of the India-U.S. Climate and Clean Energy Agenda 2030 partnership launched at the Leaders' Summit on Climate in April 2021, by Prime Minister Shri Narendra Modi and US President Mr Joseph Biden.
Mr Kerry said Monday’s dialogue would serve as a “powerful avenue” for U.S.-India collaboration, and would be based on three pillars.

Source: TH

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