Lok Sabha Question No. 1194 (UNSTARRED), answered on 2021-12-06
Subject: Climate Action and Finance Mobilisation Dialogue
Ministry: ENVIRONMENT,  FORESTS AND CLIMATE CHANGE
Asked by: Sukanta Majumdar, Raja Amareshwara Naik, Bhola Singh, Vinod Kumar Sonkar

## GOVERNMENT OF INDIA MINISTRY OF ENVIRONMENT, FOREST AND CLIMATE CHANGE

## LOK SABHA UNSTARRED QUESTION NO. 1194

TO BE ANSWERED ON 06.12.2021

## Climate Action and Finance Mobilisation Dialogue

1194.   DR. SUKANTA MAJUMDAR:

SHRI RAJA AMARESHWARA NAIK:

SHRI BHOLA SINGH:

SHRI VINOD KUMAR SONKAR:

Will the Minister of ENVIRONMENT, FOREST AND CLIMATE CHANGE be pleased to state:

- (a) whether the Government and the United States of America has recently launched the 'Climate Action and Finance Mobilization Dialogue (CAFMD)' in the Country and if so, the details thereof;
- (b) whether  the  Government  has  set  up  an  ambitious  target  of  achieving  450GW renewable energy by 2030 and already achieved 100 GW and if so, the details thereof; and
- (c) the major outcome of the bilateral meet held during the above event including issues relating  to  COP26,  Climate  Ambition,  Climate  Finance,  Global  Climate  Initiatives including  International  Solar  Alliance  (ISA),  Agriculture  Innovation  Mission  for Climate (AIM4C)?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF ENVIRONMENT, FOREST AND CLIMATE CHANGE (SHRI ASHWINI KUMAR CHOUBEY)

(a) & (c) The Climate Action and Finance Mobilization Dialogue (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  Hon'ble  Prime  Minister  of  India  and  the President of the  Unites  States  of  America.  The  CAFMDwas  formally  launched  on 13 th September 2021by the Indian Minister of Environment, Forest and Climate Change and the U.S. Special Presidential Envoy for Climate at an event held in New Delhi. The Dialogue will not only strengthen India-US bilateral cooperation on climate and environment and helps in mobilizing finance to speed the clean energy transition,but will also help to demonstrate how  the  world  can  align  swift  climate  action  with  inclusive  and  resilient  economic development,  taking  into  account  national  circumstances  and  sustainable  development priorities.

During the bilateral meet at the CAFMD launch event on 13 th September 2021, India and the United States of America have discussed a wide range of climate issues relating toCOP-26, Climate Ambition, Climate Finance, Global Climate Initiatives including International Solar Alliance (ISA),Agriculture Innovation Mission for Climate.

Consequently, during the bilateral meeting between India and the United States of America held  on  the  sidelines  of  Glasgow  Climate  Conferenceon  10.11.2021,  the  United  States  of America  has  formally  joined  the  ISA  as  a  member  country  and  signed  the  Framework Agreement, thus becoming the 101 st country to sign the Agreement.

(b) The Government had earlier set up an ambitious target of achieving 450GW renewable energy by 2030. Further, India, as a part of its national statement, delivered by Hon'ble Prime Minister at the 26 th Session of the Conference of the Parties (COP-26) to the United Nations Framework Convention on Climate Change (UNFCCC) held in Glasgow, United Kingdom in November 2021, the target for renewable energy has been enhanced to 500 GW by 2030.

As on 31.10.2021, India's renewable energy capacity (including large hydro) is about 149.57 Giga Watts, which is about 38.3% of the country's total installed electricity capacity. India's non-fossil-fuel electricity capacity is 156.35 GW, which is around 40% of the total installed capacity.

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