India and Canada have signed an agreement to increase bilateral cooperation on climate action, environmental protection and conservation.
Union Environment Minister Bhupender Yadav and his Canadian counterpart Steven Guilbeault signed the Memorandum of Understanding (MoU) on the margins of the Stockholm+50 meeting.
The meeting is being held to commemorate 50 years of the Stockholm Conference the first United Nations conference on environment.
Under the pact, the two countries have agreed to collaborate, exchange information and expertise, and support their respective ambition in a wide range of areas, including increasing renewable energy capacity, decarbonizing heavy industries, reducing plastic pollution, supporting the sound management of chemicals, and ensuring sustainable consumption.
"Both countries are intent on supporting each other's climate and environmental goals by finding effective, long-term solutions that will also provide opportunities to advance economic growth and job creation," the Canadian government said in a statement.
Canada has several proven clean technologies which could be of interest to India, such as water and waste management systems, clean hydrogen, smart grids, and energy storage, it said.
"The MoU builds on existing cooperation between both countries, such as our common work as members of the High Ambition Coalition for Nature and People, which is advocating for world leaders to adopt a post-2020 global biodiversity framework to conserve 30 per cent of the world's marine and terrestrial areas by 2030 (30 30)," the statament read.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app