Japan to include India in AETI to help achieve green energy transition

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As it mourns the assassination of former Japanese Prime Minister Shinzo Abe last week, Japan is seeking to help India transition to clean energy by expanding a program it launched in 2021 for countries Southeast Asia, Industry Minister Koichi Hagiuda said recently.

Although India was not initially included in Japan’s “Asian Energy Transition Initiative” (AETI) for the Association of Southeast Asian Nations (ASEAN) which is pushing for net-zero carbon emissions, Hagiuda said AETI will be expanded to accommodate India.

Speaking at the Sydney Energy Forum, co-hosted by the Australian government and the International Energy Agency, he reportedly said: “Specific support includes support for ASEAN countries in the Asian roadmap towards carbon neutrality, which will be extended to include India. The region should strive to diversify its energy sources, given the current energy crisis due to the loss of Russian energy supplies. In this context, given the current energy crisis, a stable energy supply and market stability are essential to foster a transition towards carbon neutrality. For this, we must commit to improving our energy independence through measures such as a new push for the diversification of energy supply sources.

Under the initiative, Japan has pledged $10 billion to ASEAN countries for renewable energy, energy efficiency and liquefied natural gas (LNG) projects.

Indo-Japanese partnership

The Ministry of External Affairs of India had published on March 19, 2022 the requirements of the Clean Energy Partnership (CEP) between India and Japan. Thus, “India and Japan recognize the need to explore various options to ensure a secure and stable supply of energy in order to achieve both the objectives of sustainable economic growth and the fight against climate change. They share the view that there is no single path to a low-carbon economy, but rather different paths for each country. In this regard, this Partnership will serve as the basis for cooperation between the two countries. India took note of Japan’s Asia Energy Transition Initiative (AETI).

Under this partnership, India and Japan will harness the potential of emerging low-carbon sectors and explore new technologies and business models to reduce carbon emissions. India and Japan have made substantial progress in implementing the vision of a secure, efficient, resilient and sustainable energy system. The energy policies of both countries are guided by the principles of energy security, efficiency, environmental sustainability with a clean energy transition and security as the premise.

Cooperation under this partnership will build on the work already done by both sides under the “India-Japan Energy Dialogue” established in 2007 and will greatly expand the areas of collaboration for mutual benefit. It will also encourage innovations and the creation of resilient and reliable supply chains between India and Japan as they move forward with their respective energy transition plans.

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