'India, France to focus on generating carbon-free energy'

Image
IANS New Delhi
Last Updated : Jul 01 2014 | 3:22 PM IST

French Foreign Minister Laurent Fabius Tuesday called for greater Indo-French cooperation, with a focus on carbon-free energy generation, to tackle climate change.

Fabius underlined five concrete areas of cooperation, saying many countries in Europe have developed low-carbon industry which needs to be extended to India.

"India and France will work on five concrete areas of cooperation. These are (i) cooperation on generating carbon-free energy with emphasis on new technology, (ii) developing partnership on civil nuclear-free energy, (iii) generating carbon-free electricity, (iv) developing an Indo-French water network, and (v) sharing technology and know-how on urban development in India and making cities greener," Fabius said here.

He was speaking at a discussion on "Sustainable development in response to climate change".

He said France has announced a credit line of 1 billion Euro to India to be released in the next three years.

"The credit line is to enable India to have sustainable infrastructure and urban development," Fabius said.

He warned climate change is not a distant threat as is evident in rising water level and melting of glaciers.

"Climate change is real and it is here now. It is caused by us. But it is still possible to avert it and we must all work to that end," Fabius said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 01 2014 | 3:12 PM IST

Next Story