The way towards net-zero emissions

While Indian industry is making rapid progress in the arena of climate mitigation, we look forward to a partnership with the government in terms of mechanisms to reward or incentivise early action. This would emphasise the government’s intent on achieving the commitments made at COP26 and accord seriousness to the magnitude of the current situation. Government cooperation is also sought in identifying modalities for establishing carbon markets, enabling climate finance and support in adopting new technologies. For India to deploy climate technologies at a significant scale, there is a need to put in place a facilitative global technology transfer regime and ensure that incremental and associated costs of these techs are met from multilateral climate change funds.