New Delhi- The International Energy Agency (IEA) and the Indian Institute of Technology Delhi (IIT Delhi) have joined forces to tackle global energy challenges through enhanced collaboration on clean energy innovation. A Memorandum of Understanding (MoU) formalising the partnership was signed on October 8, 2024, at the IEA Headquarters in Paris.

The agreement aims to leverage the expertise of both organizations in promoting the development and deployment of clean energy technologies, particularly in emerging and developing economies. The collaboration will focus on policy analysis, information exchange, and capacity building to support countries transitioning to sustainable energy systems.

IEA Executive Director Dr. Fatih Birol and IIT Delhi Director Prof. Rangan Banerjee, along with Deputy Director for Strategy & Planning Prof. Ambuj Sagar, signed the MoU remotely. The signing of the MoU was witnessed by Ambassador of India to the Republic of France and Principality of Monaco, H.E. Mr. Jawed Ashraf. Mr. Jawed Ashraf.

This partnership builds upon a strong foundation of existing collaboration, including a recent joint report on "Clean Energy Innovation Policies in Emerging and Developing Economies." This report, launched at the 15th Clean Energy Ministerial and the 9th Mission Innovation Ministerial in Brazil, highlights the opportunities and policy frameworks needed to accelerate the new energy economy in these economies.

"The potential for emerging and developing economies in the new energy economy is vast, but the policies, investment and expertise must be tapped if it is to be realised," said Dr. Birol. "This MoU will help address some of the existing barriers through knowledge sharing, best practices and tangible actions that can support countries to deploy clean energy technologies and make progress on their climate and energy goals."

Prof. Banerjee emphasized the significance of the partnership, stating, "We believe this partnership can help us build capacity to address the climate and sustainability challenge and develop future-ready graduates for society. IEA and IIT Delhi together can enable strategies for developing and emerging economies to manage the transition to net zero."

The IEA and IIT Delhi are committed to working together to create a cleaner, more sustainable energy future for all.