India to hit net-zero climate target by 2070: Modi
Live MintIndia’s economy will become carbon neutral by the year 2070, Prime Minister Narendra Modi announced on Monday at the COP26 climate summit in Glasgow. He said India would increase its 2030 target for “non-fossil energy capacity” from 450 to 500 gigawatts. Modi said that Indian Railways has set itself a target of being ‘net-zero’ by 2030, which “alone will reduce emissions by 60 million tonnes per annum.” He also criticised the failure of rich nations to cough up a promised $100 billion a year by 2020 to help vulnerable nations decarbonise their economies and cope with climate impacts. The road to net zero Reaching the goal of net-zero greenhouse gas emissions by 2070 for India would mean an overhaul of a coal-reliant energy sector, transport, heavy industry and even the nation’s sluggish bureaucracy, reports Bloomberg.