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India, France Sign Pact To Reduce Greenhouse Gas Emissions
According to the MoU, the European Union will provide 3.5 million euros to help Indian cities reduce their GHG emissions and achieve a "sustainable transport policy"
New Delhi: 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 Friday.
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".
The pact was signed on Thursday evening by Ministry of Housing and Urban Affairs (MoHUA) OSD Mukund Kumar Sinha and Agence Francaise de Developpement (AFD) Regional Director Nicolas Fornage in the presence of HUA minister Hardeep Singh Puri and Ambassador of France in India Alexander Ziegler.
"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 Green House Gas emissions & help us achieve a sustainable transport policy," Puri tweeted.
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.
