Joint Statement by the Leaders of India, Israel, the United Arab Emirates and the United States (I2U2) | The White House

On July 14, 2022, we, the Heads of Government of India, Israel, the United Arab Emirates (UAE) and the United States, have gathered for the first meeting of the leaders of the “I2U2” group. This unique group of countries aims to harness the dynamism of our societies and the entrepreneurial spirit to address some of the greatest challenges facing our world, with particular emphasis on joint investments and new initiatives in the areas of water, energy, transport, space, health and food. Security.

We intend to mobilize private sector capital and expertise to modernize infrastructure, advance low-carbon development pathways for our industries, improve public health and access to vaccines, advance the physical connectivity between countries in the Middle East region, jointly create new solutions for waste treatment, explore joint funding opportunities, connect our startups to I2U2 investments and promote the development of critical emerging and green technologies, while ensuring food and energy security in the short and long term.

We reaffirm our support for the Abraham Accords and other peace and normalization agreements with Israel. We welcome the economic opportunities arising from these historic developments, including for the advancement of economic cooperation in the Middle East and South Asia, and in particular for the promotion of sustainable investment among I2U2 partners. We also welcome other new groupings of countries, such as the Negev Forum for Regional Cooperation, which recognize the unique contributions of each partner country, including Israel’s ability to serve as a hub of innovation connecting new partners and hemispheres to strategically address challenges that are too great. that one country can manage on its own.

Today’s inaugural I2U2 leaders meeting focused on the food security crisis and clean energy. Leaders discussed innovative ways to ensure more diverse, longer-term food production and delivery systems that can better manage global food shocks.

To this end, I2U2 leaders highlighted the following initiatives:

  • Food safety: The United Arab Emirates – home of the International Renewable Energy Agency (IRENA) and host of COP28 in 2023 – will invest US$2 billion to develop a series of integrated food parks across India that will integrate climate-smart tips to reduce food waste and spoilage, conserve fresh water and use renewable energy sources. India will provide suitable land for the project and facilitate the integration of farmers into the food parks. The American and Israeli private sectors will be invited to contribute their expertise and propose innovative solutions that contribute to the overall sustainability of the project. These investments will help maximize crop yields and, in turn, help address food insecurity in South Asia and the Middle East.
  • Clean energy: The I2U2 group will advance a hybrid renewable energy project in the Indian state of Gujarat consisting of 300 megawatts (MW) of wind and solar capacity complemented by a battery energy storage system. The US Trade and Development Agency funded a feasibility study for the US$330 million project. UAE-based companies are exploring opportunities to serve as critical knowledge and investment partners. Israel and the United States intend to work with the United Arab Emirates and India to highlight private sector opportunities. Indian companies are keen to participate in this project and contribute to India’s goal of reaching 500 GW of non-fossil fuel capacity by 2030. Such projects have the potential to make India a global hub for alternative supply chains in the renewable energy sector.

Leaders expressed their determination to leverage well-established markets to create more innovative, inclusive and science-based solutions to improve food security and sustainable food systems. The leaders also welcomed India’s interest in joining the United States, the United Arab Emirates and Israel in the Agriculture Innovation Mission for Climate (AIM for Climate) initiative. They affirmed that these were only the first steps in a long-term strategic partnership aimed at promoting initiatives and investments that improve the movement of people and goods across the hemispheres, and increase sustainability and resilience through collaborative science and technology partnerships.

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