- The first G20 Energy Transition Working Group (ETWG) Meeting under India’s Presidency will begin today in Bengaluru.
- The first ETWG meeting focuses on six priority areas: Energy transition through addressing technology gaps, etc.
The first G20 Energy Transition Working Group (ETWG) Meeting under India’s Presidency will begin today in Bengaluru. The Ministry of Power said the meeting would have over 150 participants, including G20 member countries and nine special invitee guest countries, including Bangladesh, Egypt, Mauritius, Netherlands, Nigeria, Oman, Singapore, UAE and Spain.
The first ETWG meeting focuses on six priority areas which include Energy transition through addressing technology gaps, Low-cost financing for energy transition, Energy security and diversified supply chains, Energy efficiency, industrial low carbon transitions and responsible consumption, Fuels for Future (3F), and Universal access to clean energy and just, affordable, and inclusive energy transition pathway.
The expected outcomes of the deliberations would include an agreement to advance cooperation initiatives under the Research and Development-20 roadmap for channelizing adequate low-cost international finance towards deployment of critical technologies, the declaration on collective efforts to ensure energy security and diversified supply chains of new energy sources, the roadmap for doubling the global rate of improvement in energy efficiency by 2030, action plan for enhancing and promoting bio-energy cooperation, and recommendations on international best practices for supporting Just, Affordable, and Inclusive energy transitions.