India and Canada possess complementary strengths in climate technology that present significant untapped partnership potential. India offers a rapidly expanding clean energy market with over 200 startups and pressing needs for climate-resilient agriculture, smart urban infrastructure, and energy transition solutions. Canada brings advanced R&D capabilities in AI-enabled energy efficiency, carbon capture and storage, green hydrogen, and precision agriculture technologies.
Despite promising foundations—including significant Canadian investments like CPPIB’s 53% stake in ReNew Power and Brookfield’s $1 billion commitment to Avaada’s green ammonia projects—bilateral cooperation remains fragmented. Current challenges include weak implementation of existing MoUs, funding gaps for Indian startups, misaligned regulatory frameworks, and recent diplomatic tensions that have slowed investment flows.
This report identifies strategic opportunities across three key sectors: climate-resilient agriculture, urban planning and smart infrastructure, and industrial decarbonization. It proposes moving from dialogue to action through dedicated bilateral mechanisms, enhanced technology transfer frameworks, and coordinated funding approaches to unlock transformative climate solutions for both nations’ net-zero commitments.