India & UK launch Green Grids Initiative

Context

  • Recently, the Green Grids Initiative One Sun One World One Grid (GGI-OSOWOG) was launched by the Prime Ministers of India and the UK at the World Leaders’ Summit at COP26.

About Green Grids Initiative

  • Jointly led by India and the United Kingdom, the new initiative, called ‘Green Grids Initiative – One Sun One World One Grid’ (GGI-OSOWOG), is aimed at accelerating the development and deployment of interconnected electricity grids across continents, countries and communities, and improve energy access of the poorest through mini-grids and off-grid solutions.
  • The Green Grids Initiative is backed by over 80 countries, to dramatically accelerate the global transition to clean powered world.

    India & UK launch Green Grids Initiative
    Source: Financial Express
  • It features as one of the leading initiatives under the Glasgow Breakthroughs also launched at the clean innovation and technology event, part of a new joint plan that will see countries and businesses coordinate and strengthen their climate actions every year in polluting sectors to dramatically scale and speed up the deployment of clean technologies and drive down costs globally.
  • Apart from India and the UK, Australia, France and the United States are also part of the steering committee of the ‘Green Grids Initiative’.
  • Modelled on the UK’s recent net-zero strategy.
  • The aim is for clean technologies to become the default choice this decade globally in each polluting sector and to catalyse the growth of a new economy built around new green industries and jobs globally.
  • It is being implemented by the International Solar Alliance (ISA), the presidency of which is currently with India, and the UK, under whose leadership COP26 is being held. The plan is part of a broader attempt to speed up the rollout of affordable low-carbon technology, covering more than 70 percent of the global economy, and constitutes a key part of India’s net zero emissions goals.

One Sun Declaration

  • In launching the GGI-OSOWOG, the two Prime Ministers unveiled the ‘One Sun Declaration’ setting out a shared vision of harnessing the full potential of clean power globally through the much greater interconnection of electricity grids across continents, countries and communities, including mini-grids and off-grid solutions to ensure no one is left without access to energy.

GGI-OSOWOG

  • The GGI-OSOWOG will help make this happen, by bringing together a global coalition of energy grid stakeholders, including governments and businesses, to accelerate the expansion of energy grids across regions and continents and create the foundations for universal access to sustainable energy. This will ensure the infrastructure is in place for the whole world to be powered by renewable energy, as part of the global push to realise the clean energy transition. 
  • The initiative will help to mobilise financial and technical resources to advance grid developments, and also promote the sharing of existing expertise and best practice across the globe. This international collaboration will be key to making the clean energy transition faster, cheaper and easier for all.
  • The new GGI-OSOWOG initiative combines the UK Green Grids Initiative with India’s One Sun One World One Grid programme. This joint programme will create a global coalition of leading actors in the green grids field, to accelerate the expansion of energy grids across regions and continents.
  • As a leading new international initiative, the global GGI-OSOWOG will support the newly launched ‘Breakthrough Agenda’, and specifically the ‘Glasgow Power Breakthrough’, which aims to make ‘clean power the most affordable and reliable option for all countries to meet their power needs efficiently by 2030’.
  • This initiative represents the strong historic bilateral relationship between the UK and India.
  • The launch of this initiative was first agreed upon as part of the 2030 Roadmap for India-UK future relations in May 2021.
  • The GGI-OSOWOG is a transformational new programme, with the goal of making universal access to renewable energy a reality, by ensuring that clean power is the most affordable and reliable option for all countries to meet their energy needs efficiently by 2030. This will help all of us to meet the goals of the Paris Agreement and keep the target of limiting global temperature rise to 1.5 degrees alive, while also stimulating green investment and supporting millions of jobs worldwide.

Source: Hindustantimes

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