India-IRENA Strategic Partnership Agreement

Table of Contents

International Renewable Energy Agency (IRENA)- Relevance for UPSC Exam

GS Paper 2: International Relations- Important International institutions, agencies and fora- their structure, mandate.

Recently, the Union Cabinet chaired by the Prime Minister Sh. Narendra Modi was apprised of a Strategic Partnership Agreement signed between the Ministry of New and Renewable Energy (MNRE) and the International Renewable Energy Agency (IRENA).

About: Ministry of New and Renewable Energy (MNRE), Government of India and the International Renewable Energy Agency (IRENA) signed India-IRENA Strategic Partnership Agreement in January 2022.
Mandate: The aim of the India-IRENA Strategic Partnership Agreement is to drive ambition, leadership and knowledge on green energy transitions based on renewable energy in India.
Significance: The India-IRENA Strategic Partnership Agreement will help India’s energy transition efforts and will also help the world in combating climate change.
- The India-IRENA Strategic Partnership Agreement will support India in achieving its ambitious target of 500 GW of installed non-fossil fuel electricity capacity by 2030. This in-turn will promote Atmanirbhar Bharat.
- The Strategic Partnership Agreement will help India’s energy transition efforts and will also help the world in combating climate change.
Key Features: The salient features of the India-IRENA Strategic Partnership Agreement include enhanced cooperation in the following areas:
- Facilitating knowledge sharing from India on scaling-up renewable energy and clean energy technologies
- Supporting India’s efforts on long term energy planning
- Collaborating to strengthen the innovation climate in India
- Moving towards cost-effective decarbonisation through catalysing development and deployment of green hydrogen.

About: The International Renewable Energy Agency (IRENA) is an intergovernmental organisation that-
- Supports countries in their transition to a sustainable energy future, and
- Serves as the principal platform for international cooperation, a centre of excellence, and a repository of policy, technology, resource and financial knowledge on renewable energy.
Key Mandate: IRENA promotes the widespread adoption and sustainable use of all forms of renewable energy, including bioenergy, geothermal, hydropower, ocean, solar and wind energy.
- IRENA Promotes this in the pursuit of sustainable development, energy access, energy security and low-carbon economic growth and prosperity.
Participation: With more than 180 countries actively engaged, IRENA promotes renewable resources and technologies as the key to a sustainable future and helps countries achieve their renewable energy potential.
Key Functions: International Renewable Energy Agency (IRENA)-
- Encourages governments to adopt enabling policies for renewable energy investments,
- Provides practical tools and policy advice to accelerate renewable energy deployment, and
- Facilitates knowledge sharing and technology transfer to provide clean, sustainable energy for the world’s growing population.

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