Prime Minister Narendra Modi and his Icelandic counterpart held discussions focusing on the blue economy, geothermal energy, and carbon capture technologies. The talks aimed at enhancing bilateral cooperation in sustainable development and renewable energy sectors.
Key Areas of Discussion
The leaders emphasized the potential of the blue economy, which involves the sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystems. Geothermal energy, a key area of Iceland's expertise, was also highlighted as a promising avenue for collaboration. Additionally, carbon capture and storage (CCS) technologies were discussed as vital tools for mitigating climate change.
Strengthening Bilateral Ties
Both sides agreed to work closely on research and development in these fields, leveraging Iceland's advanced geothermal technology and India's growing energy demands. The partnership is expected to contribute to global climate goals and promote green growth.
The meeting also touched upon Arctic cooperation, with India expressing interest in Iceland's experience in polar research. The leaders reaffirmed their commitment to the Paris Agreement and explored joint initiatives for clean energy transition.
