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The group determined to advance a hybrid renewable vitality undertaking in Gujarat consisting of 300 megawatts of wind and photo voltaic capability complemented by a battery vitality storage system.
Addressing the summit organised throughout US President Joe Biden’s Israel go to, PM Narendra Modi stated, “I2U2 has established a constructive agenda. We have now recognized joint tasks in numerous sectors and ready a roadmap to go forward. Below the I2U2 framework, we have agreed on rising joint funding in six vital areas of water, vitality, transport, area, well being, and meals safety.”
Modi additional said that the imaginative and prescient and agenda of I2U2 are progressive and sensible. “By mobilising our mutual power, capital, experience and markets, we will pace up our agenda and make vital contributions to the worldwide economic system. Amid rising international uncertainty, our cooperative framework can be a very good mannequin for sensible cooperation,” he stated.
The assembly targeted on the meals safety disaster and clear vitality, in accordance with a joint assertion issued forward of the summit. The leaders mentioned revolutionary methods to make sure longer-term, extra diversified meals manufacturing and meals supply techniques that may higher handle international meals shocks, in accordance with the joint assertion.
It was determined that UAE will make investments $2 billion to develop a sequence of built-in meals parks throughout India that can incorporate state-of-the-art climate-smart applied sciences to cut back meals waste and spoilage, preserve recent water, and make use of renewable vitality sources. This will probably be key to meals safety within the UAE and past, sources knowledgeable ET.
India will present applicable land for the undertaking and can facilitate farmers’ integration into the meals parks. US and Israeli personal sectors will probably be invited to lend their experience and supply revolutionary options that contribute to the general sustainability of the undertaking. These investments will assist maximize crop yields and, in flip, assist sort out meals insecurity in South Asia and the Center East, in accordance with the joint assertion.
The leaders welcomed India’s curiosity in becoming a member of the USA, the UAE and Israel within the Agriculture Innovation Mission for Local weather initiative (AIM for Local weather). They affirmed that these are solely the primary steps in a long-term strategic partnership to advertise initiatives and investments.
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