Invest India joins hands with The International Climate Summit 2021 as a co-organiser

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The ‘International Climate Summit 2021’ (ICS 2021), an initiative by the PHD Chamber of Commerce and Industry’s Environment Committee, has partnered with Invest India. It is one of the world’s most awarded investment promotion agencies and a co-organiser for the hybrid event scheduled for September 3rd, 2021.

This global summit will build a dialogue for India’s transition to clean energy with a special focus on ‘Powering India’s Hydrogen Ecosystem.’ The summit will bring together nobel laureates, policy makers, regulators, industry leaders, experts & scientists from across the global clean energy industry, to reach an agreement on climate change and sustainability issues. Hence, the meet will aim to build an India-centric and action-oriented approach for building self-reliance in the hydrogen ecosystem and solutions.

Mukesh D. Ambani, Chairman and MD, Reliance Industries Limited who has kindly consented to be a keynote speaker at the summit stated “I am delighted to know that an ‘International Climate Summit 2021’ is being organised on 3rd September, with an ambitious agenda to ‘Power India’s Hydrogen Ecosystem’. By actively patronising it, the Government of India has demonstrated its deep commitment to the agenda.”

Given its geographical location, India is among the best-suited countries to produce renewable energy from solar and wind, making the production of hydrogen through renewable cost-effective. The summit will allow worldwide collaboration in establishing sustainable routes for production, storage, transportation, distribution, and ambitious deployment of hydrogen technologies by 2040, with the goal of moving towards a cleaner, greener, and more sustainable future.

Speaking on the occasion, Dr. J.P. Gupta, the Summit Chair and Chairman Environment Committee, PHDCCI adds that “We are pleased to receive support from Invest India as the co-organiser for the International climate Summit 2021: Powering India’s Hydrogen Ecosystem. The entire value chain will come together to address a variety of challenges that will be useful in developing India-specific programmes and initiatives. Furthermore, we have had 10,000 registrations from 50+ countries to date, and the summit is expected to welcome 15000 attendees and 35+ sponsors.”

Deepak Bagla, Managing Director and CEO, Invest India, said, “Our Hon’ble Prime Minister, Mr. Narendra Modi has set the objective to reduce the emissions intensity of GDP by 33% – 35% below the 2005 levels and increase the share of non-fossil fuel to 40% by 2030 during COP 21. India is on its way to achieving the set targets and is the only country among the G-20 nations to be on track to meet its climate change mitigation commitments made in 2015 under the Paris Climate Agreement. The International Climate Summit 2021 on the theme of Green Hydrogen would be a marquee event bringing together investors, policy makers, technology players and academia leaders and bring us one step closer to our aim of a sustainable and green India