Daily Current Affairs : 13-January-2024

In a significant move towards fostering collaboration in the sustainable energy sector, Denmark has introduced the Green Fuels Alliance India (GFAI). This initiative is a testament to the commitment of both Denmark and India towards achieving carbon neutrality.

Aim of GFAI:

The primary aim of GFAI is to advance the green fuels sector, with a special focus on green hydrogen. This is to be achieved through a combination of innovation and partnerships. The overarching goal is to create a robust ecosystem that promotes sustainable energy growth in India. This ecosystem is envisioned to bring together businesses, government entities, and research institutions in a collaborative effort towards a greener future.

Background of GFAI:

The roots of GFAI can be traced back to the Green Strategic Partnership signed in 2020 between India and Denmark. This strategic collaboration laid the groundwork for initiatives aimed at addressing environmental challenges. The introduction of GFAI aligns seamlessly with India’s ambitious target of achieving carbon neutrality by 2070. Denmark’s leadership in the 2024 Climate Performance Ranking adds a layer of credibility to this collaborative effort.

Key Objectives of GFAI:

The Green Fuels Alliance India has set forth several key objectives to guide its activities:

  • Innovation in Green Fuels: Encourage and support research and innovation in the development of green fuels, with a particular emphasis on green hydrogen.
  • Partnerships for Sustainability: Foster strategic partnerships among businesses, government entities, and research institutions to create a comprehensive and interconnected network for sustainable energy growth.
  • Ecosystem Building: Establish a conducive ecosystem that promotes the adoption and integration of green fuels in various sectors, contributing to the overall reduction of carbon emissions.
Important Points:
  • Aim of GFAI:
    • Advance green fuels sector, especially green hydrogen, through innovation and partnerships.
    • Foster an ecosystem involving businesses, government entities, and research institutions.
  • Background of GFAI:
    • Emerged from the Green Strategic Partnership signed in 2020 between India and Denmark.
    • Aligns with India’s goal of carbon neutrality by 2070 and Denmark’s top rank in the 2024 Climate Performance Ranking.
  • Key Objectives of GFAI:
    • Innovation in Green Fuels:
      • Encourage research and innovation in green fuel development.
      • Special emphasis on advancing green hydrogen technologies.
    • Partnerships for Sustainability:
      • Forge strategic partnerships among businesses, government entities, and research institutions.
      • Create a comprehensive network for sustainable energy growth.
    • Ecosystem Building:
      • Establish a conducive ecosystem for the adoption and integration of green fuels.
      • Contribute to the reduction of carbon emissions across various sectors.
Why In News

Denmark has introduced the Green Fuels Alliance India (GFAI) to enhance collaboration with India in the sustainable energy sector, aligning with both nations’ goals of achieving carbon neutrality. This initiative aims to foster innovation and knowledge exchange between the two countries, driving advancements in green technologies and fostering a shared commitment to a greener, more sustainable future.

MCQs about GFAI

  1. What is the primary aim of the Green Fuels Alliance India (GFAI)?
    A. To promote traditional fuels
    B. To advance the green fuels sector, particularly green hydrogen
    C. To encourage carbon emissions
    D. To focus on non-renewable energy sources
    Correct Answer: B. To advance the green fuels sector, particularly green hydrogen
    Explanation: The GFAI aims to advance the green fuels sector, with a special emphasis on green hydrogen, through innovation and partnerships.
  2. What does the Green Strategic Partnership, signed in 2020, lay the groundwork for?
    A. Collaboration in space exploration
    B. Initiatives addressing environmental challenges
    C. Military alliances
    D. Economic trade agreements
    Correct Answer: B. Initiatives addressing environmental challenges
    Explanation: The Green Strategic Partnership signed in 2020 between India and Denmark lays the groundwork for initiatives addressing environmental challenges, including the GFAI.
  3. What does GFAI intend to establish to promote sustainable energy growth in India?
    A. A network of traditional fuel industries
    B. A conducive ecosystem involving only government entities
    C. An ecosystem involving businesses, government entities, and research institutions
    D. Exclusive partnerships with foreign countries
    Correct Answer: C. An ecosystem involving businesses, government entities, and research institutions
    Explanation: GFAI aims to establish a conducive ecosystem that promotes sustainable energy growth in India, involving businesses, government entities, and research institutions.
  4. What is Denmark’s position in the 2024 Climate Performance Ranking, and how does it relate to GFAI?
    A. Lowest ranking; Denmark aims to improve its climate performance
    B. Top ranking; Denmark emphasizes the need for global collaboration
    C. No mention of Denmark’s ranking; GFAI is unrelated to the ranking
    D. Middle ranking; Denmark seeks collaborations with multiple countries
    Correct Answer: B. Top ranking; Denmark emphasizes the need for global collaboration
    Explanation: Denmark holds the top ranking in the 2024 Climate Performance Ranking, adding credibility to its collaboration with India through GFAI, which aligns with both countries’ goals for carbon neutrality.

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