India's Emission Reduction Efforts Surpass 2030 Climate Goals
India is projected to reduce its emissions intensity by up to 57% by 2030, surpassing its climate goals, but further policy interventions are needed for long-term sustainability.
India is projected to reduce its emissions intensity by up to 57% by 2030, surpassing its Nationally Determined Contributions (NDCs) target of a 45% reduction compared to 2005 levels.
According to a report by the Council on Energy, Environment and Water (CEEW) and the Alliance for an Energy Efficient Economy (AEEE), India's energy sector emission intensity could decrease by 48-57% by 2030 compared to 2005 levels. However, achieving the 2070 net-zero target will require additional policy interventions, including carbon pricing, power pricing reforms, fiscal support for clean technologies, enhanced energy efficiency, and behavior change initiatives.
The report suggests that India's 2035 NDC targets could include reducing emissions intensity of GDP between 55 and 66% relative to 2005 and increasing the non-fossil fuel share in installed power capacity to 60-68%. Currently, India's power generation capacity stands at 446 GW, with approximately 195 GW sourced from non-fossil energy.
Conclusion:
India is on track to exceed its 2030 climate goals, but sustained efforts and policy reforms are essential to achieve long-term sustainability and net-zero emissions by 2070.
Source:
Outlook Business
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