Special Envoy and Coordinator for International Energy Affairs Amos J. Hochstein Travels to India To Discuss Clean Energy Investment and Energy Security
Office of the Spokesperson
February 16, 2016
Special Envoy and Coordinator for International Energy Affairs Amos Hochstein will travel to India February 17 – 18 to discuss clean energy investment efforts with key officials. Envoy Hochstein and the Bureau of Energy Resources (ENR) engage with India through the U.S.-India Clean Energy Finance Task Force in support of the implementation of India’s Paris clean energy commitments.
The United States fully supports India’s ambitious clean energy goals and Special Envoy Hochstein will be discussing with his counterparts the importance of using public finance to leverage private investment if India is to meet its target of 175 GW of installed renewable energy capacity by 2022. A leader level initiative, the U.S.–India Clean Energy Finance Task Force is a government-to-government forum that works to identify creative yet practical ways to leverage public funds to attract large, untapped sources of capital, both domestic and international, to help achieve India’s ambitious renewable energy targets. It is complemented by the private-sector led Clean Energy Finance Forum which develops recommendations on policy and innovative financing and investment products.