The European Union has always commended India’s achievement in climate action and commitment to generate 450 GW of renewable energy by 2030

Union Minister of Finance and Corporate Affairs Nirmala Sitharaman met Executive Vice President of the European Commission, Frans Timmermans in New Delhi on Friday and invited the EU to partner with India through investments in green hydrogen to harness the natural synergies in this area between the two sides.

During the meeting, Finance Minister Sitharaman highlighted the strong India-European Union (EU) cooperation on trade and technology, climate and energy, digital cooperation, sustainable development and connectivity partnership, a statement issued by the Ministry of Finance said.

Frans Timmermans complimented India’s commendable achievements in climate action and commitment of generating 450 GW of renewable energy by 2030.

He offered support of the EU in harnessing investments for successfully achieving this target.

Sitharaman emphasised high priority accorded by India to climate action.

Other areas include closer collaboration between India and the EU through Coalition of Disaster Resilience Infrastructure (CDRI), International Platform for Sustainable Finance (IPSF) and One Sun One World One Grid (OSOWOG) initiatives.