Latest news with #EU-IndiaTradeandTechnologyCouncil


Time of India
15 hours ago
- Business
- Time of India
World off-track on 1.5°C target, delayed climate action poses huge risk: EU Ambassador
New Delhi: The European Union and India are expanding joint efforts to develop and scale clean technologies and decarbonised industries, said Hervé Delphin, European Union Ambassador to India, at the ET India Net Zero Forum 2025. 'Investing in clean tech and a decarbonised industry is a smart economic move. The EU and India are actively pursuing this through joint partnerships and through the EU-India Trade and Technology Council, working to take clean tech from research to startups and scale, with aligned standards and regulations,' Delphin said. Mentioning India's bold 500 GW renewables target by 2030, he said that it is game-changer and the EU supports this green leap through sustainable finance. He pointed out that the current global trajectory is not aligned with the Paris Agreement goals. 'The world is clearly not on track to meet the Paris Agreement goals of limiting warming to 1.5°C above pre-industrial levels. Current policies and pledges are falling short, and the gap between ambition and action keeps widening,' he said. Delphin added that the costs of climate inaction or delays in mitigation efforts can have severe economic consequences. 'The cost of inaction—or delayed action—is huge, as climate events, whether slow or sudden, can wipe out decades of investment and billions in infrastructure within hours,' he said. The EU and India have been working to deepen cooperation in renewable energy , green hydrogen, battery storage, and electric mobility under their strategic roadmap. The EU-India Trade and Technology Council has been facilitating regulatory alignment and collaborative industrial innovation in clean technology segments. European Commission President Ursula von der Leyen recently launched Global Energy Transitions Forum at Davos this year, which an effort to bring together governments, international organizations and financial actors to double down on implementation. He said that, 'it is imperative to keep momentum and he hoped that India can add its voice to this Forum.' On the upcoming COP 30 meeting in Belém in Brazil in November 2025, he said, 'ambitious Nationally Determined Contributions are needed to push forward the global effort to limit temperature rise and the level of India's ambition will be the determining factor in the ability of the world as a whole to meet its collective objectives.' The remarks come at a time when both regions are looking to accelerate the transition to net zero emissions by mid-century, with India aiming for net zero by 2070.


Time of India
17-05-2025
- Business
- Time of India
EU, India join hands to find innovative solutions to combat marine pollution, work on hydrogen tech
The European Union and India have joined hands to find innovative research solutions to combat marine pollution and work on the development of waste-to-renewable hydrogen technologies. The embassy of EU Delegation in India, in a statement on Friday, said the EU and India launched "two new significant research and innovation initiatives" under the EU-India Trade and Technology Council (TTC), with "a total investment of Euro 41 million (Rs 394 crore)". These initiatives will drive collaborative solutions to pressing environmental challenges and foster cutting-edge technological advancements, it said. "Coordinated under the EU's Horizon Europe programme and co-funded by Indian ministries (MoES and MNRE), the two research calls will bring together researchers, start-ups, and industries from the EU and India to develop sustainable, scalable solutions with global impact," the statement said. MoES and MNRE refer to Ministry of Earth Sciences and Ministry of New and Renewable Energy of the Union government respectively. The EU-India Trade and Technology Council (TTC) is a high-level strategic coordination platform aimed at strengthening the bilateral partnership on trade, technology, and innovation. "By strengthening the EU-India partnership, these initiatives operationalise the TTC's goals and reinforce the commitment to joint innovation," the EU Delegation in India. The first call focuses on combating marine pollution, particularly the pervasive issue of marine plastic litter. "Co-funded by the EU (Euro 12 million/about Rs 110 crore) and thee Indian Ministry of Earth Sciences (Rs 90 crore/around Euro 9.3 million), this call seeks innovative solutions to monitor, assess, and mitigate the cumulative impacts of various pollutants, including microplastics, heavy metals, and persistent organic pollutants," the statement said. The resulting research will contribute to global efforts, including the support of international commitments such as the UN Decade of Ocean Science for Sustainable Development, and contribute to the objectives of the EU's Zero Pollution Action Plan and India's National Marine Litter Policy, it said. "By driving collaborative research and innovation, this initiative aims to protect marine ecosystems and promote sustainable development," the statement said. This call builds on earlier momentum, including a workshop on e-vehicle charging standards held in February and a successful matchmaking initiative that connected Indian and EU start-ups with potential partners and investors, it added. The second call focuses on the development of waste-to-renewable hydrogen technologies. "Hydrogen has emerged as a key area of collaboration between the EU and India, given its strategic role in driving the clean energy transition, enhancing energy security, and meeting long-term climate objectives. "This call, co-funded by the EU (Euro 10 million/around Rs 97 crore) and India's Ministry of New and Renewable Energy (Rs 90 crore/around Euro 9.3 million), aims to develop efficient, cost-effective, and environmentally friendly methods for hydrogen production," it said. Both calls are open to European and Indian organisations, including companies, SMEs, start-ups, research institutions, universities, non-governmental organisations (NGOs), and individual researchers, the statement said. The submission deadlines are September 2 for the hydrogen call and 17 September 17 for the marine pollution call, it said. Additional joint research calls are envisaged for 2026, including on the recycling of batteries for electric vehicles and potential cooperation on wastewater treatment. Together, all these initiatives represent a joint investment of around Euro 60 million under the TTC framework, the statement said. The decision to establish the EU-India TTC was jointly announced by European Commission President Ursula von der Leyen and Prime Minister Narendra Modi in April 2022. The Council was formally launched in February 2023, and its first ministerial meeting took place in May 2023. "As the EU's second TTC (after the EU-US TTC), this mechanism reflects the growing geopolitical and economic alignment between the EU and India. It aims to promote secure, sustainable, and inclusive economic development while safeguarding shared democratic values," the statement said. The EU-India Research and Innovation (R&I) Cooperation is a longstanding and strategic partnership, anchored in the 2001 Agreement on Scientific and Technological Cooperation and renewed recently in 2020, it said.>


Time of India
16-05-2025
- Business
- Time of India
EU, India join hands to find innovative solutions to combat marine pollution, work on hydrogen tech
The European Union and India have joined hands to find innovative research solutions to combat marine pollution and work on the development of waste-to-renewable hydrogen technologies. The embassy of EU Delegation in India, in a statement on Friday, said the EU and India launched "two new significant research and innovation initiatives" under the EU-India Trade and Technology Council (TTC), with "a total investment of Euro 41 million (Rs 394 crore)". These initiatives will drive collaborative solutions to pressing environmental challenges and foster cutting-edge technological advancements, it said. "Coordinated under the EU's Horizon Europe programme and co-funded by Indian ministries (MoES and MNRE), the two research calls will bring together researchers, start-ups, and industries from the EU and India to develop sustainable, scalable solutions with global impact," the statement said. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Algeria: Jewelry On Sale For Half Price! (See Price List) Luxury Jewelry | search ads Undo MoES and MNRE refer to Ministry of Earth Sciences and Ministry of New and Renewable Energy of the Union government respectively. The EU-India Trade and Technology Council (TTC) is a high-level strategic coordination platform aimed at strengthening the bilateral partnership on trade, technology, and innovation. Live Events "By strengthening the EU-India partnership, these initiatives operationalise the TTC's goals and reinforce the commitment to joint innovation," the EU Delegation in India. The first call focuses on combating marine pollution, particularly the pervasive issue of marine plastic litter. "Co-funded by the EU (Euro 12 million/about Rs 110 crore) and thee Indian Ministry of Earth Sciences (Rs 90 crore/around Euro 9.3 million), this call seeks innovative solutions to monitor, assess, and mitigate the cumulative impacts of various pollutants, including microplastics, heavy metals, and persistent organic pollutants," the statement said. The resulting research will contribute to global efforts, including the support of international commitments such as the UN Decade of Ocean Science for Sustainable Development, and contribute to the objectives of the EU's Zero Pollution Action Plan and India's National Marine Litter Policy, it said. "By driving collaborative research and innovation, this initiative aims to protect marine ecosystems and promote sustainable development," the statement said. This call builds on earlier momentum, including a workshop on e-vehicle charging standards held in February and a successful matchmaking initiative that connected Indian and EU start-ups with potential partners and investors, it added. The second call focuses on the development of waste-to-renewable hydrogen technologies. "Hydrogen has emerged as a key area of collaboration between the EU and India, given its strategic role in driving the clean energy transition, enhancing energy security, and meeting long-term climate objectives. "This call, co-funded by the EU (Euro 10 million/around Rs 97 crore) and India's Ministry of New and Renewable Energy (Rs 90 crore/around Euro 9.3 million), aims to develop efficient, cost-effective, and environmentally friendly methods for hydrogen production," it said. Both calls are open to European and Indian organisations, including companies, SMEs, start-ups, research institutions, universities, non-governmental organisations (NGOs), and individual researchers, the statement said. The submission deadlines are September 2 for the hydrogen call and 17 September 17 for the marine pollution call, it said. Additional joint research calls are envisaged for 2026, including on the recycling of batteries for electric vehicles and potential cooperation on wastewater treatment. Together, all these initiatives represent a joint investment of around Euro 60 million under the TTC framework, the statement said. The decision to establish the EU-India TTC was jointly announced by European Commission President Ursula von der Leyen and Prime Minister Narendra Modi in April 2022. The Council was formally launched in February 2023, and its first ministerial meeting took place in May 2023. "As the EU's second TTC (after the EU-US TTC), this mechanism reflects the growing geopolitical and economic alignment between the EU and India. It aims to promote secure, sustainable, and inclusive economic development while safeguarding shared democratic values," the statement said. The EU-India Research and Innovation (R&I) Cooperation is a longstanding and strategic partnership, anchored in the 2001 Agreement on Scientific and Technological Cooperation and renewed recently in 2020, it said.
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Business Standard
16-05-2025
- Business
- Business Standard
EU, India join hands to fight marine pollution, develop hydrogen tech
The European Union and India have joined hands to find innovative research solutions to combat marine pollution and work on the development of waste-to-renewable hydrogen technologies. The embassy of EU Delegation in India, in a statement on Friday, said the EU and India launched "two new significant research and innovation initiatives" under the EU-India Trade and Technology Council (TTC), with "a total investment of Euro 41 million (Rs 394 crore)". These initiatives will drive collaborative solutions to pressing environmental challenges and foster cutting-edge technological advancements, it said. "Coordinated under the EU's Horizon Europe programme and co-funded by Indian ministries (MoES and MNRE), the two research calls will bring together researchers, start-ups, and industries from the EU and India to develop sustainable, scalable solutions with global impact," the statement said. MoES and MNRE refer to Ministry of Earth Sciences and Ministry of New and Renewable Energy of the Union government respectively. The EU-India Trade and Technology Council (TTC) is a high-level strategic coordination platform aimed at strengthening the bilateral partnership on trade, technology, and innovation. "By strengthening the EU-India partnership, these initiatives operationalise the TTC's goals and reinforce the commitment to joint innovation," the EU Delegation in India. The first call focuses on combating marine pollution, particularly the pervasive issue of marine plastic litter. "Co-funded by the EU (Euro 12 million/about Rs 110 crore) and thee Indian Ministry of Earth Sciences (Rs 90 crore/around Euro 9.3 million), this call seeks innovative solutions to monitor, assess, and mitigate the cumulative impacts of various pollutants, including microplastics, heavy metals, and persistent organic pollutants," the statement said. The resulting research will contribute to global efforts, including the support of international commitments such as the UN Decade of Ocean Science for Sustainable Development, and contribute to the objectives of the EU's Zero Pollution Action Plan and India's National Marine Litter Policy, it said. "By driving collaborative research and innovation, this initiative aims to protect marine ecosystems and promote sustainable development," the statement said. This call builds on earlier momentum, including a workshop on e-vehicle charging standards held in February and a successful matchmaking initiative that connected Indian and EU start-ups with potential partners and investors, it added. The second call focuses on the development of waste-to-renewable hydrogen technologies. "Hydrogen has emerged as a key area of collaboration between the EU and India, given its strategic role in driving the clean energy transition, enhancing energy security, and meeting long-term climate objectives. "This call, co-funded by the EU (Euro 10 million/around Rs 97 crore) and India's Ministry of New and Renewable Energy (Rs 90 crore/around Euro 9.3 million), aims to develop efficient, cost-effective, and environmentally friendly methods for hydrogen production," it said. Both calls are open to European and Indian organisations, including companies, SMEs, start-ups, research institutions, universities, non-governmental organisations (NGOs), and individual researchers, the statement said. The submission deadlines are September 2 for the hydrogen call and 17 September 17 for the marine pollution call, it said. Additional joint research calls are envisaged for 2026, including on the recycling of batteries for electric vehicles and potential cooperation on wastewater treatment. Together, all these initiatives represent a joint investment of around Euro 60 million under the TTC framework, the statement said. The decision to establish the EU-India TTC was jointly announced by European Commission President Ursula von der Leyen and Prime Minister Narendra Modi in April 2022. The Council was formally launched in February 2023, and its first ministerial meeting took place in May 2023. "As the EU's second TTC (after the EU-US TTC), this mechanism reflects the growing geopolitical and economic alignment between the EU and India. It aims to promote secure, sustainable, and inclusive economic development while safeguarding shared democratic values," the statement said. The EU-India Research and Innovation (R&I) Cooperation is a longstanding and strategic partnership, anchored in the 2001 Agreement on Scientific and Technological Cooperation and renewed recently in 2020, it said.