International Relations - Current Affairs Questions and Answers for Q. 22317

Q.  What does USICEF stand for in the context of financial assistance for clean energy?
- Published on 09 Jun 16

a. US India Clean Energy Finance
b. US India Cleanliness Energy Finance
c. US India Conventional Energy Finance
d. US India Carbon Energy Finance

ANSWER: US India Clean Energy Finance
 
India and the US announced the setting up of two financial assistance programmes worth US $60 million for supporting India’s much needed clean energy initiatives including solar power and other renewables
  • US is committed to bear its technical capacity, resources and private sector and is jointly lunching initiatives with India for clean energy development
  • Apart from the US India Clean Energy Finance Initiative, two leaders Modi and Obama also agreed on a US $40 million US-India Catalytic Solar Finance Programme

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