Launch of Climate Action and Finance Mobilisation Dialogue (CAFMD)
Recently, India and the United States launched the Climate Action and Finance Mobilization Dialogue (CAFMD). Under the dialogue, in a significant step towards defining the contours of Indo-US partnership, the US will provide assistance to help India meet its renewable energy-related targets.
About CAFMD
- CAFMD is one of the two tracks of the India-U.S. Climate and Clean Energy Agenda 2030 Partnership launched in April 2021.
- Purpose: To help both the countries move towards decarbonising economies in sync with their respective commitments to deal with climate change.
Pillars of CAFMD
The dialogue is based on three pillars. They are:
- Climate Action Pillar: Under ....
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