The issue of India’s economic growth versus emissions
2 weeks ago

The issue of India’s economic growth versus emissions

The Hindu  

The Indian economy has consistently showcased its robust growth over the past few decades. The claim The claim of India’s decoupling made in the Economic Survey comes from comparing GDP and emissions growth rates between 2005 and 2019. While there has been no absolute decoupling in India, since 1990, GDP in India has grown at a much higher pace than the GHG emissions in the country, indicating economy-wide relative decoupling. This achievement, while commendable, falls short of the ultimate goal of absolute decoupling, where economic growth can continue even as emissions fall. While most countries fall short of achieving absolute decoupling and still experience rising emissions as GDP increases, many countries have at least managed to achieve a declining rate of growth of emissions.

India Economic Growth Economic Relative Rate Gdp Decoupling Absolute Ghg Emissions Relative Decoupling Growth Versus  gdp  issue  india  ghg  emissions  economic  decoupling  relative  rate  absolute  growth  versus  indias

History of this topic

2024 in review: India’s race for sustainable survival as climate crisis deepens
1 week, 1 day ago

2024 in review: India’s race for sustainable survival as climate crisis deepens

Live Mint  

The year is set to end as the hottest on record, marking the second consecutive year of unprecedented warming after 2023 claimed the same title. Data from the European Union's Copernicus Climate Change Service shows that that average global temperature in nine out of the first 11 months in 2024 was already 1.5°C above pre-industrial levels. The report said 2024 …

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor
3 weeks ago

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor

Deccan Chronicle  

New Delhi: In line with the Economic Survey, India's chief economic advisor V Anantha Nageswaran on Monday said that the country's potential GDP growth is in the range of 6.5-7 percent and the country should be able to achieve it on the back of things that have already happened in the last 10 years whether it is in terms of …

India's GDP growth slows to 5.4% in Q2 2024-25: Govt data
3 weeks, 3 days ago

India's GDP growth slows to 5.4% in Q2 2024-25: Govt data

Hindustan Times  

India's Gross Domestic Product growth slowed down to 5.4% during the second quarter of the financial year 2024-25 due to the falling growth rate in manufacturing, consumption, and mining. India's GDP growth slows to 5.4% in Q2 2024-25, govt data shows In comparison, the GDP growth rate was 8.1% in the second quarter of 2023-24, according to government data released …

India's path to a greener future
4 weeks ago

India's path to a greener future

Hindustan Times  

India, as one of the fastest-growing economies in the world, has been at the forefront of the global debate on climate change and sustainability. Under this scheme, businesses will be mandated to limit their emissions or purchase carbon credits from more efficient firms, driving significant sectors like power generation, cement, and steel--responsible for a substantial share of India’s emissions--to participate …

Amid Earth’s heat records, scientists report another bump upward in annual carbon emissions
1 month, 1 week ago

Amid Earth’s heat records, scientists report another bump upward in annual carbon emissions

Associated Press  

BAKU, Azerbaijan — Even as Earth sets new heat records, humanity this year is pumping 330 million tons more carbon dioxide into the air by burning fossil fuels than it did last year. Many analysts had been hoping that China — by far the world’s biggest annual carbon polluting nation with 32% of the emissions — would have peaked its …

India's climate policies expected to reduce CO2 emissions by around 4 billion tonnes by 2030: Report
1 month, 2 weeks ago

India's climate policies expected to reduce CO2 emissions by around 4 billion tonnes by 2030: Report

The Hindu  

India's current climate policies are projected to reduce carbon dioxide emissions by around four billion tonnes between 2020 and 2030, and drive a 24% reduction in coal-based power generation, according to a new report. The study by Delhi-based independent think tank Council on Energy, Environment and Water said policies for India's power, residential and transport sectors have already saved 440 …

India should not be seen as 3rd or 4th-largest GHG emitter due to low per capita emissions: Minister
3 months ago

India should not be seen as 3rd or 4th-largest GHG emitter due to low per capita emissions: Minister

The Hindu  

Union Environment Minister Bhupender Yadav on Wednesday said India should not be viewed as the world's third or fourth-largest emitter of greenhouse gases and its low per capita emission should be considered instead. Addressing a session at the Global Renewable Energy Investors Meet and Expo in Gandhinagar, Gujarat, he said India is home to 17% of the world's population, but …

Earth Overshoot Day to focus on sustainable life
4 months, 3 weeks ago

Earth Overshoot Day to focus on sustainable life

Deccan Chronicle  

India, with over 1.4 billion people, faces significant challenges due to population growth and increased consumption. The Global Footprint Network reports that India’s ecological footprint has grown exponentially. “Currently, India needs 2.6 times its resources to sustain its population, leading to depleted forests, reduced biodiversity, and climate change. A NITI Aayog report warns that by 2030, India’s water demand could …

Economic Survey 2023-24: Balancing growth and green goals a tightrope walk for India
5 months ago

Economic Survey 2023-24: Balancing growth and green goals a tightrope walk for India

The Hindu  

India's path to sustainable development is fraught with challenges, as the country grapples with the twin imperatives of meeting burgeoning energy demands and reducing carbon emissions, the Economic Survey 2023-24 revealed on July 22. Tabled in the Parliament, the Survey underscores the complexities of India's green transition, emphasizing the need for a diversified energy portfolio to achieve ambitious growth targets …

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025
6 months ago

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

Times of India  

NEW DELHI: The International Monetary Fund has forecast that India's GDP is likely to grow to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025. "In India, the outlook is for GDP growth to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025, because pent-up demand accumulated during the pandemic has been …

India needs to grow at rapid rates to become $35 trn economy by 2047: Kant
10 months ago

India needs to grow at rapid rates to become $35 trn economy by 2047: Kant

Business Standard  

"Our aim will be to become the cheapest producer, the cheapest exporter of green hydrogen and its liquid form ammonia and to be the biggest manufacturer of electrolyzer," he said | Photo: Bloomberg India will be the third largest economy by 2027 and it needs to grow at rapid rates to become a $35 trillion economy by 2047, the country's …

Budget 2024: Can India become a $7 trillion economy by 2030?
10 months, 3 weeks ago

Budget 2024: Can India become a $7 trillion economy by 2030?

India Today  

A recent review report released by the government has estimated India's potential economic trajectory, aiming to hit the $7 trillion mark by 2030, ahead of the upcoming Interim Budget 2024-25. "India's unwavering commitment to ensuring steady economic growth is generating resources for investment needed for climate change adaptation, building resilience, and mitigating emissions,' the Finance Ministry report said. The report …

World carbon dioxide emissions increase again, driven by China, India and aviation
1 year ago

World carbon dioxide emissions increase again, driven by China, India and aviation

Associated Press  

DUBAI, United Arab Emirates — The world this year pumped 1.1% more heat-trapping carbon dioxide into the air than last year because of increased pollution from China and India, a team of scientists reported. If China and India were excluded from the count, world carbon dioxide emissions from the burning of fossil fuels and cement manufacturing would have dropped, Friedlingstein …

India reduced emission intensity by 33 per cent between 2005-19, 11 years in advance: Govt report
1 year ago

India reduced emission intensity by 33 per cent between 2005-19, 11 years in advance: Govt report

India TV News  

India reduced its GDP emission intensity by 33 per cent between 2005 and 2019, achieving the target 11 years in advance, according to a government report. The report also said India's GDP grew at a cumulative annual growth rate of 7 per cent but its emissions rose by only 4 per cent per year during this period, suggesting that the …

India contributed 5% to global emissions, says UNEP in report highlighting gap
1 year, 1 month ago

India contributed 5% to global emissions, says UNEP in report highlighting gap

Hindustan Times  

New Delhi: People walk along the Kartavya Path in front of the India Gate amid heavy smoggy conditions in New Delhi on November 13. Current and past greenhouse gas emissions that have led to global warming are unequally distributed globally, the United Nations Environment Programme said on Monday, citing India’s example. Per capita territorial emissions vary significantly across countries since …

India historically contributed to 5% warming: UNEP
1 year, 1 month ago

India historically contributed to 5% warming: UNEP

Hindustan Times  

New Delhi: Current and historical emissions are highly unequally distributed globally, the United Nations Environment Programme said on Monday referring to India’s example. The bottom 50% of the world population contributed only 12% of total emissions Per capita territorial GHG emissions vary significantly across countries. The bottom 50% of the world population contributed only 12% of total emissions,” UNEP’s Emissions …

Absolute decoupling yet to happen between carbon emission, GDP growth globally, says RBI deputy governor
1 year, 1 month ago

Absolute decoupling yet to happen between carbon emission, GDP growth globally, says RBI deputy governor

The Hindu  

While the growing recognition of the adverse effects of climate change had led to some recent actions that were weakening the correlation between carbon emissions and GDP growth globally, an absolute decoupling was yet to happen, Michael Debabrata Patra, deputy governor, Reserve Bank of India said at the New York Fed Central Banking Seminar organised by the Federal Reserve Bank, …

India’s share of global growth to rise to 18% in 5 years: IMF official
1 year, 2 months ago

India’s share of global growth to rise to 18% in 5 years: IMF official

The Hindu  

India’s contribution to global economic growth will rise by 2 percentage points in 5 years as the Indian economy is projected to grow faster in the coming years, a senior International Monetary Fund official said on Thursday. “Currently China and India’s contribution to global growth is 50%,” said Krishna Srinivasan, Director, IMF Asia & Pacific Department. Observing that the Asia …

Tracking India’s growth trajectory
1 year, 3 months ago

Tracking India’s growth trajectory

The Hindu  

The conventional way to assess a country’s economic situation is to look at the quarterly and annual GDP growth rate and compare it to previous quarters as well as years. The Q1 data covering the GDP growth rate from April to June of FY24 boasts a nominal growth rate of 8% and a real growth rate of 7.8%. Calculating GDP …

The week in 5 charts | India hosts 2023 G-20 Summit, ‘One Nation, One Election’ panel set up, and more
1 year, 3 months ago

The week in 5 charts | India hosts 2023 G-20 Summit, ‘One Nation, One Election’ panel set up, and more

The Hindu  

G20 and the key takeaways from the summit The G-20 Summit in New Delhi held from September 8-10 saw the formation of the New Delhi Declaration which forged a consensus between the G-20 nations, that were bitterly divided between the G7-EU and Russia-China, on the issue of Ukraine. The final language is a shift from the ‘Bali Paragraphs’, with language …

India, the world's most populated country, is on track to achieve its climate goals: report
1 year, 4 months ago

India, the world's most populated country, is on track to achieve its climate goals: report

Salon  

A new report submitted by the Indian government to the United Nations offers a glimmer of hope when it comes to the fight against climate change: Over the past 14 years, the world's most populous nation has reduced its carbon emissions by a larger-than-expected 33%. According to the report filed to the United Nations Convention on Climate Change, India is …

India succeeds in reducing emissions rate by 33% over 14 years: sources
1 year, 4 months ago

India succeeds in reducing emissions rate by 33% over 14 years: sources

The Hindu  

India's greenhouse emissions rate dropped by a faster-than-expected 33% in 14 years as renewable energy generation rose and forest cover increased, according to two officials privy to latest assessment made for submission to the United Nations. India's rate of emissions intensity - the total amount of greenhouse gas emissions emitted for every unit increase of gross domestic product - fell …

India succeeds in reducing greenhouse emissions rate by 33% over 14 years: Report
1 year, 4 months ago

India succeeds in reducing greenhouse emissions rate by 33% over 14 years: Report

Hindustan Times  

India's greenhouse emissions rate dropped by a faster-than-expected 33% in 14 years as renewable energy generation rose and forest cover increased, according to two officials privy to latest assessment made for submission to the United Nations. The report's findings showed India well on the way to meeting a commitment to the United Nations Convention on Climate Change, to reduce emissions …

India Today Roundtable discusses India's efforts to reduce carbon footprint
1 year, 5 months ago

India Today Roundtable discusses India's efforts to reduce carbon footprint

India Today  

The India Today Roundtable discussed India's efforts to reduce its carbon footprint and meet its commitments to cut carbon emissions by 2030. They highlighted that while India's per capita emissions are low, the country is the third largest emitter of carbon dioxide after China and the US. India has made several major commitments to address this issue, including increasing renewable …

India can reduce pollution by 40% by not using fossil fuels: Gadkari
1 year, 6 months ago

India can reduce pollution by 40% by not using fossil fuels: Gadkari

The Hindu  

India can reduce its pollution by over 40% by not using fossil fuels like petrol and diesel, while the country imports crude oil worth ₹16 lakh crore every year, Union Minister Nitin Gadkari said. "We can reduce 40% pollution by not using fossil fuels like petrol and diesel," Gadkari said addressing Green Urja Conclave organised by the Confederation of Renewable …

India’s GDP expanded 6.1% in 2022-23’s last quarter
1 year, 6 months ago

India’s GDP expanded 6.1% in 2022-23’s last quarter

The Hindu  

India’s GDP growth accelerated to 6.1% in the January to March 2023 quarter, lifting the economy’s uptick in 2022-23 to 7.2% from the 7% estimated earlier, according to the provisional national income data released by the National Statistical Office on Wednesday. The higher-than-expected GDP growth last year could also temper growth expectations for this year, which the government and central …

India’s economy picks up speed amid global slowdown
1 year, 6 months ago

India’s economy picks up speed amid global slowdown

Al Jazeera  

With 6.1% quarterly growth, India remains one of the fastest growing emerging economies, especially as China’s recovery stumbles. India’s economic growth has accelerated to 6.1 percent in the January–to-March quarter, boosted by government and private capital spending even as private consumption remained sluggish, government data shows. The manufacturing sector, which for the past decade has accounted for just 17 percent …

India's contribution to global greenhouse gas emission only 4%: Bhupender Yadav at HT G20 Agenda
1 year, 7 months ago

India's contribution to global greenhouse gas emission only 4%: Bhupender Yadav at HT G20 Agenda

Hindustan Times  

Union environment, forest and climate change minister Bhupender Yadav on Thursday said India has contributed only about 4 per cent of global cumulative greenhouse gas emissions between 1850 and 2019, underlining how Prime Minister Narendra Modi has ensured India cut down emissions at all levels – from industry to individual. Union environment, forest and climate change minister Bhupender Yadav at …

Rich nations must scale up emission cuts: India at meet
1 year, 8 months ago

Rich nations must scale up emission cuts: India at meet

The Hindu  

April 15, 2023 02:12 pm | Updated April 16, 2023 12:22 am IST - New Delhi Meeting the global target of achieving net zero emissions by 2050 will require developed nations to scale up their emission reduction efforts, India said at the G7 Ministers Meeting on Climate Energy and Environment in Japan's Sapporo on Saturday. This will create opportunities for …

Sustainability is a key focus area for India at G20
1 year, 10 months ago

Sustainability is a key focus area for India at G20

Hindustan Times  

India assumed the G20 presidency on December 1, 2022, marked by hope, dreams, and aspirations. These efforts are helping India meet its needs while contributing to global efforts at reducing CO2 emissions India remains one of the fastest-growing economies in the world. As per the new NDC, India is committed to reducing the emissions intensity of its Gross Domestic Product …

Global finance critical to India's climate actions, says chief economic adviser
1 year, 10 months ago

Global finance critical to India's climate actions, says chief economic adviser

Hindustan Times  

India will stick to its global commitments on containing the climate crisis, seen most notably in its ambitious targets on clean energy transition to reduce its dependence on burning fossil fuels, according to Economic Survey 2022-23 tabled in Parliament on Tuesday. “Hence, India currently spearheads one of the most robust climate actions through its Nationally Determined Contributions, which includes an …

Economic Survey 2022-23 | India needs global finance to achieve climate goals
1 year, 10 months ago

Economic Survey 2022-23 | India needs global finance to achieve climate goals

The Hindu  

For India to meet its international “obligations” on curtailing greenhouse gas emissions, it must have access to “on-time” climate finance, technology, and access to critical minerals. Advanced economies ought to set examples of policy and “behavioural changes” that work in their countries and only then could they be emulated in developing countries, the Economic Survey said on Tuesday in a …

Indian GDP to grow 5.8%: UN
1 year, 10 months ago

Indian GDP to grow 5.8%: UN

Deccan Chronicle  

Chennai: As higher interest rates and a global slowdown weigh in on investment and exports, India is expected to grow at 5.8 per cent in 2023 and 6.7 per cent in 2024. Similarly, in South Asia, the economic outlook has significantly deteriorated due to high food and energy prices, monetary tightening and fiscal vulnerabilities and average GDP growth is projected …

India likely to loose its 'fastest growing economy tag' as growth took hit from weakening demand
1 year, 11 months ago

India likely to loose its 'fastest growing economy tag' as growth took hit from weakening demand

India TV News  

India's GDP updates: Hit by weakening demand, the Indian economy is expected to grow at a slower 7 per cent rate in the current fiscal ending March 2023, setting the stage for the country losing the fastest-growing major economy tag. The 7 per cent expansion projected in the first official estimate released by the Statistics Ministry compares with 8.7 per …

India’s power units binge on coal, outpace Asia
2 years, 1 month ago

India’s power units binge on coal, outpace Asia

The Hindu  

India's coal-fired power output has increased much faster than any other country in the Asia Pacific since Russia's invasion of Ukraine, underscoring the challenges the world's third-largest greenhouse gas emitter faces in weaning its economy off of carbon. India's coal-fired power output increased more than 10% year-on-year from March to October to 757.82 terawatt hours, an analysis of government data …

Climate summit: India opposed developed world's efforts to extend scope of mitigation to agriculture
2 years, 1 month ago

Climate summit: India opposed developed world's efforts to extend scope of mitigation to agriculture

Firstpost  

Expressing concern over the draft decision text on the Koronivia Joint Work on Agriculture, India said the developed countries are blocking a pro-poor and pro-farmer decision by insisting on expanding the scope for mitigation to agriculture, thereby compromising the foundation of food security New Delhi: India has opposed the developed world’s efforts to extend the scope of mitigation to agriculture …

COP27 | No climate crisis would exist if world's per capita emissions were at India's level: Bhupender Yadav
2 years, 1 month ago

COP27 | No climate crisis would exist if world's per capita emissions were at India's level: Bhupender Yadav

The Hindu  

There would be no climate crisis if emissions of the entire world were at the same per capita level as India, Union Environment Minister Bhupender Yadav said at the ongoing U.N. climate summit in Egypt on Thursday. "Considering per capita emissions, for an objective scale for comparison, India's emissions are, even today, about one-third of the global average. If the …

Parsa Venkateshwar Rao Jr | No easy ‘green’ solutions for coal-carbon dilemma
2 years, 1 month ago

Parsa Venkateshwar Rao Jr | No easy ‘green’ solutions for coal-carbon dilemma

Deccan Chronicle  

India’s carbon emissions in 2022 are six per cent compared to the United States’ 1.5 per cent, according to the Global Carbon Budget, released at COP27, the climate conference now underway at Sharm el-Sheikh in Egypt. US treasury secretary Janet Yellen had announced during her recent visit to New Delhi last week a $500 million solar facility in Tamil Nadu …

5 questions over India's emission plan at COP27
2 years, 1 month ago

5 questions over India's emission plan at COP27

Live Mint  

The strategy focuses on low-carbon electricity and transport systems, low-emission industrial systems, carbon mitigation technologies, energy-efficient urban infrastructure, enhanced forest cover, and the economic and financial aspects of low-carbon development. India is a signatory to the Paris Agreement, under which countries must formulate and communicate long-term low greenhouse gas emission development strategies, taking into account their common but differentiated responsibilities …

Heat-Related Deaths Increased By 55% In India, Says Lancet Study
2 years, 1 month ago

Heat-Related Deaths Increased By 55% In India, Says Lancet Study

News 18  

Warning that health is at the mercy of fossil fuels, from 2000-2004 to 2017-2021 heat-related deaths increased by 55 per cent in India, the 2022 Lancet Countdown report said on Wednesday. In the run-up to the UN Climate Conference in Egypt, the new findings presented in the seventh annual global report of the Lancet Countdown on Health and Climate Change …

India’s GDP growth makes the switch to eco-friendly path
2 years, 2 months ago

India’s GDP growth makes the switch to eco-friendly path

Live Mint  

India’s “green gross domestic product” has turned a corner in the 21st century by growing faster than traditional GDP as the country took measures to cut carbon emissions, improve resource use efficiency and boost clean energy capacity, a recent Reserve Bank of India paper said. Growth track Green GDP adjusts the conventionally calculated GDP for the environmental costs of economic …

India’s energy future is looking green, report says
2 years, 2 months ago

India’s energy future is looking green, report says

Associated Press  

BENGALURU, India — India’s renewables sector is booming, with the country projected to add 35 to 40 gigawatts of renewable energy annually until 2030, enough to power up to 30 million more homes each year, a report said Thursday. The Institute for Energy Economics and Financial Analysis and Climate Energy Finance estimated that India, the third largest energy-consuming country in …

Sticking to commitments: The Hindu Editorial on India’s climate change goals
2 years, 4 months ago

Sticking to commitments: The Hindu Editorial on India’s climate change goals

The Hindu  

Ahead of the 27th Conference of the Parties of the UNFCCC, in Sharm El-Sheikh, Egypt, in November, the Union Cabinet has approved India’s Nationally Determined Contributions, a formal statement detailing its action plan to address climate change. India’s first NDC, in 2015, specified eight targets, the most salient of them being reducing the emissions intensity of GDP by 33%-35% by …

India’s Energy-Environment Catch-22
2 years, 4 months ago

India’s Energy-Environment Catch-22

The Diplomat  

Rani, a domestic worker in New Delhi, travels 10-15 kilometers every day from her cramped urban slum in Goyla Dairy, Najafgarh, to high rise buildings in Dwarka. While India plans to reach carbon neutral status by 2070, extreme weather events like the recent heatwaves keep pushing India’s energy sector to depend on traditional coal in the absence of enough renewable …

Nicholas Stern on India's road to become a developed economy and more
2 years, 5 months ago

Nicholas Stern on India's road to become a developed economy and more

Business Standard  

What do you think should be the focus areas and reforms that India should undertake to become a developed economy? Ans: >India has grown the fastest when it has invested strongly >Private investment is centre stage for India >Conditions for investment also depends on confidence of people in realising returns from their investments >Need clarity in the tax system >GST …

Transition from fossil fuels to renewable energy can pose fiscal challenges for India: study
2 years, 5 months ago

Transition from fossil fuels to renewable energy can pose fiscal challenges for India: study

The Hindu  

The global transition away from fossil fuels to renewable energy sources could trigger financial challenges for India and major developing countries such as Russia, Brazil and China because of their high dependence on revenues from fossil fuel, according to a study by the International Institute of Sustainable Development. The study finds that by 2050, overall fossil fuel revenues in Brazil, …

Explained | Why is India ranked at the bottom of the 2022 Environmental Performance Index?
2 years, 6 months ago

Explained | Why is India ranked at the bottom of the 2022 Environmental Performance Index?

The Hindu  

The story so far: India on Wednesday rejected the 2022 Environmental Performance Index, saying that it makes use of “biased metrics and weights,” after it was placed last. EPI 2022 ranks India right at the bottom among 180 countries based on performance across parameters related to mitigating climate change, improving environmental health, and protecting ecosystem vitality. India’s greenhouse gas trends …

India opposes environmental index ranking
2 years, 6 months ago

India opposes environmental index ranking

The Hindu  

India has objected to a report, called the Environmental Performance Index, 2022, that places India last in a list of 180 countries on managing climate change, environmental health, and ecosystem vitality. “High-scoring countries exhibit longstanding and continuing investments in policies that protect environmental health, preserve biodiversity and habitat, conserve natural resources, and decouple greenhouse gas emissions from economic growth.” India …

A new low: India is last in environmental performance index for 2022
2 years, 6 months ago

A new low: India is last in environmental performance index for 2022

Live Mint  

India scored the lowest among 180 countries in the 2022 Environment Performance Index, an analysis by researchers of Yale and Columbia University which provides a data-driven summary of the state of sustainability around the world. The EPI ranks 180 countries on 40 performance indicators including climate change, environmental public health, biodiversity, among others. “The withdrawal from the Paris Climate Agreement …

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