The World Economic Forum (WEF) aims to help India accelerate decarbonisation worldwide by driving best practices.
The forum is working on the demand side as well as on cities, transportation and industrial demand.
The World Economic Forum (WEF) aims to help India accelerate decarbonisation worldwide by driving best practices. A senior executive at WEF and the Head of Shaping the Future of Energy and Materials, Roberto Bocca, said, “What India has done with the acceleration of renewables, deployment of new renewables is quite outstanding. If I am not mistaken, the numbers say that your demand has grown, but you have decoupled the energy demand from the coal demand. That is an essential element”.
He added that the forum is working on the demand side as well as on cities, transportation and industrial demand and noted that “This transition will not happen just because (of the shift) from fossil fuels to renewables. It will also happen out of efficiency”.
In Bocca’s response to the solutions the forum will introduce to help accelerate decarbonisation in India and worldwide, He said, “We are also looking at what some of the companies (in India) are doing on green hydrogen, (especially) the approach you have taken as a country to put green hydrogen at the centre of the future. India is a fertile ground for innovation. We have about 200 case studies from around the world. We want to bring them to India, and at the same time, we want to have business cases from India”.