INDIA WILL HOST A TWO-DAY SUMMIT ON GREEN HYDROGEN INITIATIVES ON JUNE 22-23, 2021

INDIA WILL HOST A TWO-DAY SUMMIT ON GREEN HYDROGEN INITIATIVES ON JUNE 22-23, 2021

Context:

On June 22-23, 2021, India will host a two-day summit on Green Hydrogen initiatives for the BRICS nations.

About the Summit:

• The recognized occasion gives a discussion to members to share their Green Hydrogen projects and viewpoints on the most proficient method to take them to a higher level in their particular countries.
• The virtual summit will unite the most brilliant personalities, policymakers, and essential stakeholders from the BRICS nations to debate and explore the future of hydrogen in the energy mix.
• On the 1st day, officials from each nation will introduce their hydrogen-related projects and their drawn-out desires. The speakers will likewise examine the significance of different hydrogen-based advances and their nation's needs.
• The 2nd day will include panel talks on various nations' strategies for consolidating hydrogen into their overall energy policy framework. The discussions will cover finance alternatives for new green hydrogen technologies and the institutional help needed to give the fundamental ecosystem for the technology to flourish.

Green Hydrogen:

• As the world advances rapidly to decarbonize its whole energy framework, hydrogen is situated to assume a basic part in speeding up the worldwide scale-up of renewable resources.
• It is hydrogen that is made by electrolysis utilizing renewable energy and has no carbon footprint.
• This furnishes hydrogen with a benefit over different fuels in terms of unlocking new green applications.

BRICS:

• It is an organization of 5 key emerging national economies - Brazil, Russia, India, China, and South Africa.