Tag: NET ZERO ENERGY TRANSITION ALLIANCE (NETRA)

Overview: NETRA is a not-for-profit global alliance launched to accelerate commercialisation and scaling of zero carbon emission technologies. Announced on April 22, 2025, on the 55th anniversary of Earth Day, during the virtual conference ‘Our Power – Our Planet’. Supported by org and over 300 global leaders, innovators, and investors. Six Core Pillars of NETRA: Policy advocacy and regulatory support. Industry-led R&D and innovation collaborations. Market development and commercialisation of clean technologies. Capacity building and skill development. Knowledge sharing and networking. Access to capital and strategic partnerships. Key Focus Areas: Renewable Energy: Solar, wind, biomass, hydro, and nuclear. Sustainable Mobility: Electric vehicles (EVs), unmanned aerial vehicles (UAVs). Industrial Decarbonisation: Cement, steel, petrochemicals, plastics, and data centers. Advanced Technologies: Carbon capture Batteries and energy storage Smart grids and utilities Circular economy and supply chains Green buildings Global Partnerships: Founding President: Rahul Walawalkar Partner Organizations: LDES Council Green Hydrogen Organization (GH2 India) Australia Microgrid Center of Excellence (AMCoE) UL Research Institute (ULRI) PIXII (Europe's 3rd fastest-growing energy tech firm) Norway-India Chamber of Commerce & Industry (NICCI) Implementation Plans: NETRA will develop a 12-month action plan to align global sectors and regions. Focus on removing deployment barriers and fast-tracking technology adoption. Net Zero Carbon Emissions: India’s Vision and Needs What is Net Zero? Net Zero or carbon neutrality means balancing carbon emissions with carbon removal from the atmosphere. Achieved when emissions = removals, through natural sinks (like forests) or technologies (like carbon capture). Five Key Commitments (Panchamrit) at COP26 (Glasgow, 2021). Net Zero Emissions by 2070. 50% energy from renewables by 2030. Reduce projected carbon emissions by 1 billion tons by 2030. Increase non-fossil energy capacity to 500 GW by 2030. Cut carbon intensity by over 45% by 2030 (from 2005 levels). Domestic Initiatives & Policies National Action Plan on Climate Change (NAPCC) – umbrella policy for climate strategies. National Mission on Sustainable Transport – for eco-friendly mobility solutions. National Biodiversity Action Plan – conserving biodiversity for climate resilience. Green Hydrogen Mission – promoting green fuels. PM Ujjwala Yojana – clean cooking energy, reducing carbon from household sources. Soil Health Card Scheme – sustainable agriculture practices. International Initiatives & Engagements Mission LiFE – lifestyle for environment, promotes eco-conscious living. International Solar Alliance (ISA) – promotes solar energy use globally. Global Biofuel Alliance – India-led initiative to boost biofuel use. Kigali Amendment – phasing out HFCs with high global warming potential. Global Stocktake (COP28, 2023) – India's progress report on Paris Agreement goals. Coalition for Disaster Resilient Infrastructure (CDRI) – promotes resilient infrastructure. Bharat Stage Emission Standards (BSES) – vehicle emissions aligned with global norms. Key Needs to Achieve Net Zero Massive investments in renewable energy & clean tech. Grid modernization and smart energy storage systems. Research and innovation in low-carbon technologies. Behavioral change and lifestyle transformation (Mission LiFE). Strong global cooperation and climate finance access. Industry transformation in steel, cement, transport, and energy sectors.

Tag: NET ZERO ENERGY TRANSITION ALLIANCE (NETRA)

NET ZERO ENERGY TRANSITION ALLIANCE (NETRA)

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