Green Fuels Alliance India (GFAI) initiative

Denmark announces the Green Fuels Alliance India (GFAI) at the Global Investors Meet 2024.

About Green Fuels Alliance India (GFAI):

• GFAI aims to boost collaboration between India and Denmark in the sustainable energy solutions sector and work towards their joint global goal of carbon neutrality.
• Led by the Danish Embassy and Consulate-General of Denmark in India, the GFAI aims to play a pivotal role in advancing the green fuels sector, particularly green hydrogen, through fostering innovation, collaboration, and partnerships between Danish and Indian industries.
• GFAI’s primary objective is to promote sustainable energy growth in India by establishing an ecosystem that encourages collaboration among businesses, government entities, research institutions, and financial stakeholders.
• Nine Danish organizations, including Maersk, Topsoe, Umwelt Energy, Mash Makes, European Sustainable Solutions, Novozymes, Danfoss, Brdr. Christensen, and Hydrogen Denmark, have pledged their commitment as founding members of the GFAI initiative.
• GFAI’s advisory board members include India Hydrogen Alliance, Energy Consortium at the Indian Institute of Technology-Madras, the Danish Energy Agency and State of Green.
• GFAI activities fall under the Green Strategic Partnership (GSP) signed between India and Denmark in 2020, reflecting a shared commitment to environmental sustainability and clean energy.

About Green Strategic Partnership (GSP):

• The Green Strategic Partnership was established in 2020 as a bilateral initiative between India and Denmark.
• It builds on and consolidates the existing agreement establishing a Joint Commission for Cooperation between India and Denmark.
• It is a mutually beneficial arrangement to advance political cooperation, expand economic relations and promote green growth, create jobs, and strengthen cooperation on addressing global challenges and opportunities. 
• This partnership signifies the two countries’ commitment to meet the United Nations Sustainable Development Goals (SDGs) and contribute to the mitigation of the global climate crisis.
• Focus sectors identified under the partnership include water, urban development, renewable energy and intellectual property rights and working groups for each have been instituted in both the countries. 
• GSP involves the exchange of knowledge, technology, and best practices between India and Denmark.

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