Rs 10K cr German aid for green projects

Tribune News Service

New Delhi, November 25

Germany has announced additional EUR 1.2 billion (about Rs 10,000 crore) support in development cooperation to India. This was announced during the ongoing bilateral government negotiations during the visit of the delegation of the German Ministry of Economic Cooperation and Development.

“You know, every fifth person on this planet is Indian. Without Indians you cannot solve any big world problems, and one of the biggest is climate change. We try to work together with India and help with climate change, renewable energy and similar projects, which also helps in working towards our own goals we promised at COP26 in Glasgow,” the German Ambassador Walter Lindner told the media.

“All this is important and one can only do this together with India. While we try to support India, we fulfil our own goals promised in Glasgow. Here, we assist India in a range of projects across the country that is huge in dimension,” he added.

India is the biggest development cooperation partner for Germany with cooperation resting on four key megatrends — climate change, urbanisation, degradation of natural resources and pressure on democracy and society. “Germany wants to strengthen this partnership even further and hence it remains committed to its friendship to the people of India,” said Claudia Warning, DG of the German Ministry for Economic Cooperation and Development.

Germany is already working with India in the focal areas of energy (€5.08 bn), sustainable urban development (€3.16 bn), management of natural resources and agriculture (€435 mn) and other activities, particularly vocational training, health and social protection (€568 mn).