US Clean Energy envoy to hold talks with Indian officials

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Press Trust of India Washington
Last Updated : Feb 16 2016 | 10:22 PM IST
The Indo-US Clean Energy Finance Task Force is set to meet this week to discuss implementation of commitments made by India during the Paris climate change conference last year.
US' Special Envoy for International Energy Affairs Amos Hochstein will travel to India tomorrow on a two-day visit to discuss clean energy investment efforts with key officials, a State Department statement said.
The US fully supports India's ambitious clean energy goals, it said.
Hochstein will discuss with his counterparts the importance of using public finance to leverage private investment if India is to meet its target of 175 GW of installed renewable energy capacity by 2022.
A leader level initiative, the US-India Clean Energy Finance Task Force, is a government-to-government forum that works to identify creative yet practical ways to leverage public funds to attract large, untapped sources of capital, both domestic and international, to help India achieve its ambitious renewable energy targets.
It is complemented by the private-sector led Clean Energy Finance Forum which develops recommendations on policy and innovative financing and investment products.
The 2015 United Nations Climate Change Conference was held from November 30 to December 12 last year.
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First Published: Feb 16 2016 | 10:22 PM IST

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