Asia Energy Transition Initiative (AETI)

Why in News?

  • Recently, Japan looks forward to supporting India’s clean energy transition by including India in the Asia Energy Transition Initiative (AETI).


  • Japan’s AETI, launched in 2021, initially supported the Association of South East Asian Nations (ASEAN) countries towards achieving net zero emissions, including financial assistance of USD 10 billion for renewable energy.
  • The Clean Energy Partnership between India and Japan was published in March 2022.
  • It would work on the agenda covered in the India-Japan Energy Dialogue 2007 and will subsequently expand into areas of mutual benefit.
  • India and Japan have taken over the presidentship of G20 and G7, respectively.
  • In the context of environmental sustainability, India’s Lifestyle for Environment (LiFE) is one of the most important priorities during the G20 presidency.
  • Also, the Feed-in Premium (FiP) scheme by the government of Japan was implemented in April 2022 and is expected to improve the country’s energy transition.
  • Japan has set a goal of becoming net-zero by 2050, and the government issued an interim report on Clean Energy Strategy in May 2022.
  • India has also set an ambitious target of achieving net-zero emissions by 2070.
  • The Indian subcontinent’s massive renewable energy potential can boost green hydrogen (GH2) production and immense potential for a GH2 economy.
  • Nepal and Bhutan also have surplus hydropower potential, and green hydrogen electrolyzers can tap this in countries like India and Bangladesh.
  • Events like the India-Japan Environment week would help create a roadmap to integrate variable renewable energy into the system through technological, institutional, and personnel cooperation.
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