India-Germany Green Partnership Allocates €1 Billion Annually to Sustainable Projects

The India-Germany Green and Sustainable Development Partnership, launched in 2022, funds over €1 billion annually for environmental projects like reforestation, agroecology, and urban transport. German Ambassador Philipp Ackermann highlights the extensive collaboration on these initiatives, underscoring strengthened defense ties between the nations.

The Green and Sustainable Development Partnership (GSDP) between Germany and India is a significant initiative, channeling over €1 billion annually into various projects across India, as highlighted by German Ambassador Philipp Ackermann.

Launched in May 2022, the partnership spans numerous projects including reforestation in the Northeast, agroecological advancements in Andhra Pradesh, and urban transport improvements in Bangalore and Ahmedabad. Ackermann commended the collaborative spirit, emphasizing its critical role in driving sustainable development.

'GSDP goes for roughly 10 years and is well-funded with €10 billion, with over €1 billion annually directed to joint Indian projects,' said Ackermann. 'It's a diverse partnership covering everything from forests in the Northeast to urban transport, showcasing our strong collaboration with Indian partners.'

The GSDP seeks to tackle pressing environmental issues such as climate change and renewable energy, involving both public and private sectors. The initiative not only fosters climate action and green growth but also significantly strengthens India-Germany defense cooperation, which has seen marked progress in recent months, according to Ackermann.

When questioned on defense ties, Ackermann affirmed their rapid development, pointing to increased joint military activities and deepened engagement as key aspects of this growing partnership. 'Our defense cooperation has evolved considerably in the last few months, reflecting our commitment to stronger military collaboration,' he noted.

(With inputs from agencies.)