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NITI Aayog and Embassy of Netherland signs SoI

Published on October 01, 2020
Current Context: NITI (National Institution for Transforming India) Aayog and Embassy of Netherland, New Delhi has signed Statement of Intent (SoI). 
NITI Aayog and Embassy of Netherland signs SoI
  • The SoI is signed to support Decarbonization and Energy Transition Agenda for utilising and accommodating cleaner and more energy. 
  • The SoI will build a strategic partnership which will create comprehensive collaboration among stakeholders, industrial bodies, policymakers, OEM (Original Equipment Manufacturers) and private sectors. 
  • This strategic partnership will lead to development of innovative technologies by leveraging skills and expertise among all these entities.
  • Both NITI Aayog and Embassy of Netherland will work collaberately for: (1) lowering net carbon footprint in sectors like transports and industry (2) release target potential of natural gas and promote bio-energy technologies (3) develop and adopt clean air technologies (4) financial frameworks to deliver and adopt climate change finance. 
  • Static Part: 
    • HQ of NITI Aayog: New Delhi
    • CEO of NITI Aayog: Amitabh Kant
    • Capital of Netherland: Amsterdam
    • Currency of Netherland: Euro

Question: 

Q.1 Who signed SoI with Embassy of Netherland to support decarbonization and energy transition agenda?
a. ONGC
b. Power Grid Corporation
c. Power Finance Corporation
d. NITI Aayog
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