India and Australia on Environment Conservation partnership

In the Energy Summit 2022, organised at IIT Madras, the Australian Consul General for South India mentioned the cooperation between India and Australia to ensure a clean and sustainable environment for future generations as part of a comprehensive strategic partnership initiative.

Australia - India Centre for Energy' (AICE):

• It was launched during the Summit.
• It would work towards achieving UN Sustainable Development Goal 7, which seeks to ensure access to affordable, reliable, sustainable and modern energy for all and also specifically in strategic areas such as critical minerals, clean technology, education and innovation.
• India and Australia’s partnership is important to power the global transformation to a low-carbon future.

An important collaboration between India and Australia

• Economic Cooperation and Trade Agreement (ECTA): The recently-signed Economic Cooperation and Trade Agreement (ECTA) would further facilitate the sharing of low-emissions technological resources, as well as the critical minerals that play an important part in transitioning towards a net zero target.
• For Minerals: The MOU on Cooperation in the field of Mining and Processing of Critical and Strategic Minerals identifies specific areas where both sides will work together to meet the technological demands of the future economy.
• For Energy Transitions: India and Australia jointly decided to progress their Energy Dialogue, which will further cooperation in areas such as pumped hydro storage, cost-effective battery technologies, hydrogen and coal gasification, adoption of clean energy technology, fly ash management technologies, and solar forecasting and scheduling.