Denmark has announced its Green Fuels Alliance India (GFAI) initiative in a bid to boost collaborative efforts between the two countries in the sustainable energy solutions sector and advance their joint global goal towards carbon neutrality.
Led by the Danish Embassy and the Consulate General of Denmark in India, the new alliance is a strategic initiative poised to play a pivotal role in advancing the Green Fuels sector, including Green Hydrogen, by fostering innovation, collaboration, and partnerships between Danish industries and their counterparts in India. A P Moller – Maersk will be one of the representatives for the maritime industry.
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 from both the Indian and Danish sectors.
The GFAI announcement comes at an opportune moment in history as India massively pushes towards achieving carbon neutrality by 2070. Meanwhile, Denmark has topped the global Climate Performance Ranking 2024 and is also on the path to achieving carbon neutrality by 2050.
Morten Bo Christiansen, Head of Energy Transition, A P Moller – Maersk commented: “The availability of green energy and green fuel in sufficient quantities at cost-competitive price levels is the single largest challenge to the global shipping’s net zero journey. India has excellent conditions for renewable energy production and ambitions to be a global leader in the green energy value chain. Drawing on our more than 100 years of business relations with the nation, we are very excited to join the involved Indian and Danish stakeholders as a founding member of the Green Fuels Alliance India (GFAI)."
Photo: GFAI steering committee.