DC Edit | I2U2 focus right: Unite on food security, clean energy
2 years, 5 months ago

DC Edit | I2U2 focus right: Unite on food security, clean energy

Deccan Chronicle  

The interestingly-named I2U2 grouping and the summit of its leaders offer a reflection of the past, a picture of the present and a sneak peek at the future. And from the looks of it, the summit has left something for everyone to cheer as it has decided to channel technologies, know-how and capital to address the pressing issues humankind faces today, and identified two of the immediate ones: food security and clean energy. The first-ever summit of the four-nation grouping in which Prime Minister Narendra Modi, US President Joe Biden, Israeli Prime Minister Yair Lapid and UAE President Sheikh Mohamed bin Zayed Al Nahyan participated has an agenda that prioritised the key problems of the world and prescribed possible solutions. In concrete terms, UAE will invest $2 billion to develop integrated food parks in India that will incorporate state-of-the-art climate-smart technologies provided by American and Israeli private companies. It has also been decided to set up a $300 million hybrid renewable energy project consisting of 300 megawatts of wind and solar capacity complemented by a battery energy storage system in Gujarat.

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