Climate Action and Finance Mobilisation Dialogue (CAFMD)

India and the United States launched the Climate Action and Finance Mobilization Dialogue (CAFMD). In a significant step towards defining the contours of Indo-US partnership, the US will provide assistance to help India meet its renewable energy-related targets.

About CAFMD

• CAFMD is one of the two tracks of the India-U.S. Climate and Clean Energy Agenda 2030 Partnership launched in April 2021.
• Purpose: To help both the countries move towards decarbonising economies in sync with their respective commitments to deal with climate change.

Pillars of CAFMD

The dialogue is based on three pillars:

1. Climate Action Pillar: Both countries will develop joint proposals ....