IEA, IIT Delhi partner for policy, info sharing for clean energy transition

The deal targets emerging and developing economies.

The International Energy Agency (IEA) has signed a memorandum of understanding with the Indian Institute of Technology Delhi to jointly study the role of energy technology innovation in reducing emissions and leading clean energy transitions.  

In a statement, the IEA said the key areas for collaboration include policy analysis to boost energy innovation and information exchange on energy technology trends, particularly in emerging and developing 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 IEA Executive Director Fatih Birol.

He added the agreement will help overcome existing barriers to clean energy deployment by sharing knowledge, best practices, and tangible actions.

“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,” said IIT Delhi Director Rangan Banerjee.