[ecis2016.org] India and France have signed an agreement, under which the European Union will provide 3.5 million euros for the implementation of sustainable urban transport projects and reduction of Greenhouse Gas emissions, in Nagpur, Kochi and Ahmedabad
India and France have signed an agreement under which three pilot cities – Nagpur, Kochi and Ahmedabad – will be provided support to reduce their Greenhouse Gas (GHG) emissions in urban transport, an official statement said.
You are reading: EU to provide 3.5 million euros, to help Indian cities reduce greenhouse gas emissions
According to the Memorandum of Understanding (MoU), under the ‘Mobilise Your City (MYC)’ programme, the European Union will provide 3.5 million euros to help Indian cities reduce their GHG emissions and achieve a ‘sustainable transport policy’.
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The pact was signed on the evening of September 6, 2018, by Ministry of Housing and Urban Affairs (MoHUA) OSD Mukund Kumar Sinha and Agence Française de Developpement (AFD) regional director Nicolas Fornage, in the presence of HUA minister Hardeep Singh Puri and the ambassador of France in India, Alexander Ziegler.
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“Delighted to receive French ambassador Alexandre Ziegler & his delegation to my office for the signing of MoU between MoHUA & @AFD_en. Their investment of 3.5 million euros will help in reducing Greenhouse Gas emissions & help us achieve a sustainable transport policy,” Puri tweeted.
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According to the ministry, based on a proposal made by AFD in 2015, the European Union has agreed to provide 3.5 million euros through the AFD, to contribute to specific investments and technical assistance components within the MYC in India.
“The MYC aims at supporting three pilot cities, viz., Nagpur, Kochi and Ahmedabad, in their efforts to reduce their Greenhouse Gas (GHG) emissions related to urban transport, by implementing urban mobility plans at the local level and to help India at the national level, to improve their sustainable transport policy,” stated a statement issued by HUA. The pilot cities selected, as well as the MoHUA, will benefit from the technical assistance activities, it added.
“The main components of the proposed assistance, are to support planning and implementation of sustainable urban transport projects, besides strengthening institutional capacity for regulating, steering and planning urban mobility,” it stated. It also includes learning and exchange formats with other cities across India, for exchanges on best practices, it added. The details of the project activities will be worked out by the AFD in consultation with MoHUA and the three partner cities, including institutions such as the respective special purpose vehicles (SPVs) for smart cities, the municipal corporations and any transport authority or transport-related SPV, it stated.
Source: https://ecis2016.org/.
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