Union minister inaugurates Mission Innovation(MI) Face-to-Face Meeting of Innovation Challenges

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News:Union Minister of Science & Technology, Earth Sciences, Health and Family Welfare has inaugurated the Mission Innovation(MI) Face to Face meeting of Innovation Challenges(IC).

Facts:

About Mission innovation:

  • Mission Innovation(MI) is a global initiative of 24 countries and the European Commission (on behalf of the European Union).
  • The mission aims to accelerate public and private clean energy innovation to address climate change, make clean energy affordable to consumers and create green jobs and commercial opportunities.
  • The mission was announced at the COP21 on November 30,2015 as world leaders came together in Paris,France to commit to ambitious efforts to combat climate change.
  • India is a founding member of the Mission Innovation.

Goal of the mission:At the the 3rd MI Ministerial in 2018,the countries endorsed a number of key initiatives and activities to deliver the Action Plan by 2021.The initiatives are:

  • Substantial boost in public sector investment
  • Increased private sector engagement and investment
  • Increasing international collaboration
  • Raising awareness.