A Review of Cooperation between the United States and India on Climate Change and Energy
During his November 2009 state visit to Washington, D.C., Prime Minister Dr. Manmohan Singh joined President Barack Obama in launching a Green Partnership between India and the United States to address climate change and clean energy. In just one year, the Partnership has made remarkable progress. The two governments have created new relationships, structures, programs, and projects which will, in the coming years, provide a solid foundation for increased cooperation and commerce between the two nations. There has already been a sharp increase in funding for climate change and clean tech collaboration and investment. The two governments have made initial commitments of $100 million for clean energy research and deployment in India, through the Partnership to Advance Clean Energy (PACE). The United States' Overseas Private Investment Corporation (OPIC) has announced plans to invest another $100 million for clean energy projects in India over the next five years. There have even been indications of much larger investment funds involving the private sector and through public-private partnerships. Civil society has also been active in encouraging and supporting this Partnership.