India today called for evolving workable solutions for promoting energy efficiency and to ensure cost effectiveness of clean energy inititiatives for faster transition to global clean energy economy.

Inaugurating the 4th Clean Energy Ministerial in New Delhi, Prime Minister Manmohan Singh termed as painfully slow, the progress of discussions on climate change negotiations at the United Nations Framework on Climate Change.

He said, historically industrialized countries are responsible for the bulk of Green House Gas emissions suggesting greater responsibility for developed nations.

Dr. Singh urged the international community to work towards acceptable outcomes at the UNFCC and said, individual countries have to take action to increase energy efficiency and also promote clean energy.Dr. Singh said, a global strategy must be based on equitable sharing of the burden of mitigation and adjustment.

Dr. Singh said, developing countries need vast sources of energy to support their economic growth and the cost of expansion of new energy sources is constrained by exorbitant costs than conventional energy.

He stressed on policy initiatives by governments, sharing of technology and reducing costs to promote clean energy initiatives.

Saying India offers tremendous potential for alternate energy, Prime minister Manmohan Singh invited global investments to set up solar energy manufacturing units in India.He said India will set up a National Institute of Solar Energy by 2015 for research and development on solar energy.

Dr. Singh said, India is actively pursuing clean energy initiatives and the 12th five year plan includes a low carbon strategy for the nation.He said,efforts are on to expand solar and wind energy projects and the country envisages achieving 22 thousand megawatt solar energy capacity by 2022 under the Jawaharlal Nehru National Solar Mission.

He said,1500 megawatt solar capacity has already been installed and another 10,000 megawatt will be added by 2017.He also said,India aims to double renewable energy capacity from 25000 MW to 55000 by 2017.