International Energy Efficiency Hub
04-10-2024
07:49 AM
1 min read
Overview:
Recently, the Union Cabinet chaired by the Prime Minister of India has approved India’s membership to the Energy Efficiency Hub.
About International Energy Efficiency Hub:
- It is a global platform dedicated to fostering collaboration and promoting energy efficiency worldwide.
- It was established in 2020 as the successor to the International Partnership for Energy Efficiency Cooperation (IPEEC), in which India was a member,
- The hub brings together governments, international organizations, and private sector entities to share knowledge, best practices, and innovative solutions.
- Member countries: Sixteen countries have joined the Hub (Argentina, Australia, Brazil, Canada, China, Denmark, European Commission, France, Germany, Japan, Korea, Luxembourg, Russia, Saudi Arabia, United States and United Kingdom).
- Implementing agency: Bureau of Energy Efficiency (BEE), the statutory agency, has been designated as the implementing agency for the Hub on behalf of India.
- BEE will play a crucial role in facilitating India's participation in the Hub's activities and ensuring that India's contributions align with its national energy efficiency goals.
- Significance:
- India will gain access to a vast network of experts and resources, enabling it to enhance its domestic energy efficiency initiatives.
- The country will also contribute to global efforts to address climate change by promoting energy-efficient technologies and practices.
- The country's participation in this global platform will help to accelerate the transition to a low-carbon economy and improve energy security.
- This move solidifies India's commitment to sustainable development and aligns with its efforts to reduce greenhouse gas emissions.
Q1:What is the Bureau of Energy Efficiency?
It was established in 2002 under the provisions of the Energy Conservation Act, 2001. Its primary objective is to reduce energy intensity in the Indian economy.
Source: Cabinet approves India to Join International Energy Efficiency Hub by signing the Letter of Intent