At the April 2021 Leaders Climate Summit, President Biden and Prime Minister Modi announced the launch of a new bilateral partnership aimed at accelerating India’s ambitious 2030 climate goals. Under the U.S.-India Climate and Clean Energy Agenda 2030 Partnership (Agenda 2030 Partnership), the United States and India will strengthen and accelerate bilateral climate and clean energy collaboration toward achieving their ambitious 2030 targets, including supporting India in achieving its goal of 450 GW of installed renewable energy capacity. The Agenda 2030 Partnership has two synchronized tracks:
- Climate Action and Finance Mobilization Dialogue
- Strategic Clean Energy Partnership
USAID/India has established three regional initiatives, South Asia Group for Energy (SAGE), South Asia Regional Energy Hub (SAREH), and South Asia Regional Energy Program (SAREP) initiatives to expand energy access, promote energy diversification and trade, and strengthen energy security across South Asia. These initiatives draw on the expertise of multiple USG agencies, private sector entities and international financial institutions, and seeks ongoing collaboration with governments and intergovernmental organizations that are dedicated to sustaining equitable economic progress throughout the region. Leveraging private sector investments and private sector engagement are critical elements of USAID’s programs.
USAID Factsheets