Developed countries enjoyed fruits of low-cost energy for several years, should go for net-zero faster: India
3 years, 1 month ago

Developed countries enjoyed fruits of low-cost energy for several years, should go for net-zero faster: India

India TV News  

Developed nations have enjoyed the fruits of energy and they will need to go for net-zero faster so that developing nations have some carbon space, India asked developed nations ahead of the COP26 climate meet. So all the countries put together will be net-zero which means the developed countries, which have already enjoyed the fruits of low-cost energy for several years have to go in for net-zero much faster and if possible going for net-negative so that they can release policy space and some carbon space for the developing countries to pursue their developing agenda." On being asked how much funds will India require to pursue clean energy, Goyal said, "For our base load to be replaced from coal to maybe nuclear, we will need large amounts of capital to set up nuclear plants, both to replace our current demand and future demand that our development imperative requires." Also, "we need to be a member of the nuclear supplier's group to ensure adequate availability of raw material for nuclear supply and several other associated concerns around the cost of power," Piyush Goyal said.

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History of this topic

The global warming fight has a challenge for India
2 days, 15 hours ago

The global warming fight has a challenge for India

The Hindu  

The outcome of the climate conference in Azerbaijan has been disappointing. Developed countries have accepted 2050, China 2060, and India 2070 as the deadline for energy transition to net zero emissions by 2070. We need to rapidly ramp up electricity generation to establish our claim to an energy level that is sufficient to sustain future growth before we are constrained …

India on climate crisis at UN court: Developing nations suffer most
2 weeks, 5 days ago

India on climate crisis at UN court: Developing nations suffer most

India Today  

India slammed developed countries for causing the climate crisis during a landmark hearing at the International Court of Justice on Thursday, saying they exploited the global carbon budget, failed to honour climate-finance promises and are now demanding that developing countries restrict their resource use. Making submissions on behalf of India, Luther M Rangreji, joint secretary in the Ministry of External …

IIM Lucknow study reveals $1.7 trillion investment needed for net-zero goals
2 weeks, 5 days ago

IIM Lucknow study reveals $1.7 trillion investment needed for net-zero goals

India Today  

Researchers from the Indian Institute of Management, IIM Lucknow and Ahmedabad University have conducted a study outlining the necessary steps for India's industrial sector to achieve net-zero emissions by 2070. The study has been published in the prestigious journal Applied Energy and emphasises the need for transformative changes in the industrial domain of India to align with the nation's net-zero …

India's path to a greener future
1 month 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 …

Climate finance is central for enabling and implementing climate actions, says India at COP29
1 month ago

Climate finance is central for enabling and implementing climate actions, says India at COP29

Live Mint  

New Delhi: Highlighting four essential aspects of global climate action, Leena Nandan, secretary of the ministry of environment, forest and climate change at COP29 on Monday, said the pre-2030 period is an opportunity to enhance global climate action through climate finance to reduce emissions and meet net zero. It is an opportunity to enhance global climate action,” Nandan said in …

India calls out developed countries over stalled progress on climate issues at COP29
1 month, 1 week ago

India calls out developed countries over stalled progress on climate issues at COP29

Live Mint  

New Delhi: At the ongoing 29th Conference of the Parties climate conference in Azerbaijan's capital Baku, India expressed dissatisfaction with the insistence of developed countries to expand the scope of the Mitigation Ambition and Implementation Work Programme from what was agreed upon in the past. India, on behalf of like-minded developing countries, on Thursday said that developed countries need to …

India pitches for $1.3 trillion in annual climate support for developing nations
1 month, 1 week ago

India pitches for $1.3 trillion in annual climate support for developing nations

Live Mint  

Intervening on behalf of like-minded developing countries, India said that developed countries need to commit to provide and mobilise at least $1.3 trillion every year in the New Collective Quantified Goal till 2030. Developing countries require up to $1.5 trillion a year for their unique climate needs and net zero transition, according to various estimates. Also Read: COP29 stresses global …

India's push for $1 trillion in climate finance to take centre stage at COP29
1 month, 2 weeks ago

India's push for $1 trillion in climate finance to take centre stage at COP29

India Today  

With just days left until the United Nations Climate Change Conference begins in Azerbaijan, negotiators have yet to clearly outline a deal for a new climate finance goal. India has emphasised that developed nations need to provide at least $1 trillion annually for climate finance, as stated in the G20 New Delhi Declaration. The new financing goal will support developing …

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, 1 week 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 …

Watch: What is Net Zero? A key to tackling climate change
3 months, 1 week ago

Watch: What is Net Zero? A key to tackling climate change

The Hindu  

India has committed to reach the net zero emission targets by 2070. Because there’s too much carbon dioxide and methane and other greenhouse gases in the atmosphere, we have global warming and climate change. A particular system — like the atmosphere, but also like a factory or a business or an entire industry or even a whole country — can …

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 …

Coal to have significant place in India’s diversified energy basket: Eco Survey
5 months ago

Coal to have significant place in India’s diversified energy basket: Eco Survey

Hindustan Times  

India will target a diversified set of sources for energy security with a significant place for thermal power, including coal to provide base load, to minimise risks associated with systems while pursuing low-emission pathways in line with national commitments, said the 2023-24 Economic Survey Union finance minister Nirmala Sitharaman tabled in Parliament on Monday. “This will also include a significant …

Can India keep its net zero by 2070 promise?
6 months ago

Can India keep its net zero by 2070 promise?

Hindustan Times  

What quantum of coal-based power generation capacity is under construction today? REUTERS/Francis Mascarenhas/File Photo When the CEA published its revised optimal generation mix report in April 2023, it projected a peak demand of 335 GW in 2029-30, and the required coal-based capacity was estimated at about 250 GW. Coal-based capacity existing when the CEA finalised its optimal mix report totalled …

India’s clean energy boom slows as new solar projects get delayed. Experts say it can pick back up
10 months, 2 weeks ago

India’s clean energy boom slows as new solar projects get delayed. Experts say it can pick back up

Associated Press  

BENGALURU, India — For years, renewable projects in India have been growing steadily, from small-town rooftop solar installations to large-scale projects across the desert and long stretches of wind turbines and solar panels on farmland all contributing to the country’s climate goal of transitioning to clean energy. It takes up to two years for solar projects to come online after …

New climate draft seeks tripling of renewable energy capacity
1 year ago

New climate draft seeks tripling of renewable energy capacity

The Hindu  

The latest draft of the Global Stocktake, one of the key documents being negotiated at the UN’s climate summit in Dubai, has linked the tripling of renewable energy capacity with a ‘phase-out’, or a time-bound ending, of the use of fossil fuels. “Tripling renewable energy capacity globally by 2030. ensuring that the increase in renewable energy capacity is strategically implemented …

COP28: India’s urban population is exploding. That could have huge consequences for the planet
1 year ago

COP28: India’s urban population is exploding. That could have huge consequences for the planet

CNN  

New Delhi CNN — Over half a century ago, India’s then Prime Minister Indira Gandhi talked about the staggering challenge for developing nations: to industrialize without harming the environment. Addressing the opening session of the COP28 climate talks in Dubai on Friday, India’s current prime minister, Narendra Modi, said all developing countries must be given “a fair share in the …

DC Edit | India can still be part of climate deal
1 year ago

DC Edit | India can still be part of climate deal

Deccan Chronicle  

It is surprising that India was not among the 118 nations that signed the Global Renewables and Energy Efficiency Pledge at the climate summit in Dubai to triple the installed renewable energy capacity by the turn of the decade. As Prime Minister Narendra Modi pointed out in his address to the summit during his flying visit, India may be the …

Developed countries to overshoot carbon emissions goal: study
1 year, 1 month ago

Developed countries to overshoot carbon emissions goal: study

The Hindu  

In the run-up to a key global climate summit, an analysis shows that developed countries — responsible for three-fourths of existing carbon emissions in the atmosphere — will end up emitting 38% more carbon in 2030 than they have committed to, going by current trajectories, In fact, 83% of this overshoot will be caused by the United States, Russia, and …

India to push developed nations to become 'carbon negative' before 2050: Report
1 year, 2 months ago

India to push developed nations to become 'carbon negative' before 2050: Report

The Hindu  

India wants to push developed nations to become carbon negative rather than carbon neutral by 2050, arguing that would allow emerging market economies more time to use fossil fuels for development needs, two Indian government sources said. "The rich countries should become net negative emitters before 2050 to enable the world to achieve the target of global net zero by …

World not on track to achieve most SDGs by 2030
1 year, 2 months ago

World not on track to achieve most SDGs by 2030

The Hindu  

Lamenting the lack of progress on various Sustainable Development Goals, including biodiversity protection and greenhouse gas emissions, world leaders at the SDG Summit in New York on September 18 and 19, 2023, once again reaffirmed their shared commitment to eradicate poverty and end hunger. They also recognised that the world was on track to meet only 15% of its 169 …

India's Net Zero emissions target by 2070 little too long-term: Hardeep Singh Puri
1 year, 2 months ago

India's Net Zero emissions target by 2070 little too long-term: Hardeep Singh Puri

The Hindu  

Union Minister Hardeep Singh Puri on October 9 said achieving the net zero emissions target by 2070 is "little too long-term", indicating that the country may achieve the milestone ahead of the deadline. Under the net zero target, India will completely switch to renewables by 2070. Addressing the 26th Energy Technology Meet, Mr. Puri said: "Our net zero target by …

India’s final energy demand expected to double by 2070: FICCI-Deloitte report
1 year, 3 months ago

India’s final energy demand expected to double by 2070: FICCI-Deloitte report

Live Mint  

New Delhi: India’s final energy demand is expected to double to about 1,200 Mtoe by 2070 in a net-zero scenario with aggressive energy efficiency measures in place, according to a report. The report titled ‘India’s energy-transition pathway: A net-zero perspective by FICCI and Deloitte India’, has projected that the country requires a massive $15 trillion in investments to achieve its …

‘Decarbonisation of building and construction sector imperative to achieve India’s net zero target’
1 year, 3 months ago

‘Decarbonisation of building and construction sector imperative to achieve India’s net zero target’

The Hindu  

Sectors for which transition to net zero is difficult to impossible due to financial and technological challenges A Niti Ayog report released earlier this year identified power, industry, transport, and buildings as the four major sectors in India contributing to carbon emissions. To achieve India’s goals of reducing its carbon footprint by 30-35 percent by 2030 and net zero by …

High hopes for climate and energy outcomes at summit as India takes lead
1 year, 3 months ago

High hopes for climate and energy outcomes at summit as India takes lead

The Hindu  

As leaders gather for G-20 Summit in New Delhi, experts on Thursday said securing consensus on multilateral development bank reforms and adopting rigorous language regarding the phasing down of unabated fossil fuels could enhance India’s leadership role. The G-20 countries — responsible for 85% of the world’s GDP and 80% of the emissions — failed to reach consensus at the …

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 making great efforts in green growth and energy transition: PM Modi
1 year, 5 months ago

India making great efforts in green growth and energy transition: PM Modi

The Hindu  

Prime Minister Narendra Modi on Saturday, July 22, 2023, said India is making great efforts in green growth and energy transition, and asserted that the country is moving ahead strongly on its climate commitments. Addressing via video link the G20 Energy Ministers' Meeting, which is currently underway in Goa, Mr. Modi also said that India has shown leadership in climate …

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 …

World Bank Approves $1.5 billion Financing for India's Zero Carbon Mission
1 year, 5 months ago

World Bank Approves $1.5 billion Financing for India's Zero Carbon Mission

Deccan Chronicle  

New Delhi: Supporting India's zero carbon mission, World Bank on Friday said that it approved $1.5 billion in financing to accelerate the country's development of low-carbon energy. The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen, and stimulating climate finance for low-carbon energy investments. "The programme will support the successful implementation of the …

Countries must be allowed to prepare own plans for Sustainable Aviation Fuel: India
1 year, 6 months ago

Countries must be allowed to prepare own plans for Sustainable Aviation Fuel: India

The Hindu  

India on May 31 asserted that global mandates for Sustainable Aviation Fuel with 2050 as the target year was “too early” and that each State must be allowed to develop its strategy as per its national plans. It also sought support from the U.N. Aviation watchdog ICAO to achieve carbon net zero goals alongside other priorities in the aviation sector …

G7 urges major economies: Net zero by 2050, emissions peak by 2025
1 year, 7 months ago

G7 urges major economies: Net zero by 2050, emissions peak by 2025

Live Mint  

The G7 nations have called on major economies, such as India and China, to make a commitment to achieve net zero emissions by 2050 and reach the peak of their emissions by 2025, as reported by PTI. "We call on all Parties – especially major economies – whose 2030 NDC targets or long-term low GHG emission development Strategies are not …

Business Matters | Why is the rising cost of coal-fired power plants good news for India?
1 year, 7 months ago

Business Matters | Why is the rising cost of coal-fired power plants good news for India?

The Hindu  

Why is the rising cost of coal-fired power plants good news for India? It said that achieving net zero – which India aims to reach by 2070 – will require adjustments to how people live, work, and move around—and some of these changes will be costly. First, India expects to increase investments in coal-fired power plants to help power economic …

India taking various measures to encourage energy transition: BEE DG Abhay Bakre
1 year, 7 months ago

India taking various measures to encourage energy transition: BEE DG Abhay Bakre

The Hindu  

“As part of its net zero commitments, India is taking various measures to encourage energy transition for industries in the domestic market as well as at the global level,” a senior government official has said. Abhay Bakre, Director General of Bureau of Energy Efficiency, further said that various forward-looking measures are slated to be discussed at the upcoming meets of …

G7 ministers' meeting: India asks rich nations to intensity emission cuts
1 year, 8 months ago

G7 ministers' meeting: India asks rich nations to intensity emission cuts

Deccan Chronicle  

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 developing nations like India to address the needs of its people, which will also …

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 …

Countries historically responsible for climate change cannot stall India's development, says Environment Minister
1 year, 8 months ago

Countries historically responsible for climate change cannot stall India's development, says Environment Minister

The Hindu  

India is moving towards renewable energy but countries historically responsible for climate change cannot ask it to stop its development, Union Environment Minister Bhupender Yadav said on March 28. Countries historically responsible for climate change cannot decide how India uses its resources to fulfil the energy needs of its population, he said. However, at 2.4 tCO2e, India's per capita greenhouse …

Explained | What is the IPCC synthesis report and what does it say?
1 year, 9 months ago

Explained | What is the IPCC synthesis report and what does it say?

The Hindu  

The story so far: Highlighting the need for urgent climate action, the Intergovernmental Panel on Climate Change released its Synthesis Report for the Sixth Assessment Cycle on March 20 in Interlaken, Switzerland. The report emphasised the need to reduce greenhouse gas emissions and adapt to human-caused climate change through “mainstream effective and equitable action” for a “liveable sustainable future for …

Rich nations must achieve net zero carbon quicker, by 2040: U.N. chief Antonio Guterres
1 year, 9 months ago

Rich nations must achieve net zero carbon quicker, by 2040: U.N. chief Antonio Guterres

The Hindu  

UN Secretary General Antonio Guterres called on wealthy countries on March 20, 2023 to move up their goals of achieving carbon neutrality as close as possible to 2040, mostly from 2050 now, in order to “defuse the climate time bomb.” Introducing a capstone report by the Intergovernmental Panel on Climate Change on the impacts and trajectory of global warming, Guterres …

Analysis | Why not everyone will benefit equally from a transition to a low-carbon economy
1 year, 10 months ago

Analysis | Why not everyone will benefit equally from a transition to a low-carbon economy

The Hindu  

The 2023-2024 Union Budget, presented by Finance Minister Nirmala Sitharaman on February 1, 2023, depicts the Union government’s long-term vision of a technology-driven, knowledge-based economy that banks on citizen engagement, youth empowerment, employment generation, and creating a robust macroeconomic environment. This in turn calls for clear directives and frameworks to consciously embed ‘justice’ elements in financing India’s energy transition. They …

India’s just energy transition is more than a coal story
1 year, 10 months ago

India’s just energy transition is more than a coal story

The Hindu  

Just Energy Transition Partnership is emerging as the key mechanism for multilateral financing by developed countries to support an energy transition in developing countries. Transitions affect near-term fossil-dependent jobs, disrupt forms of future energy access, shrink state’s capacity to spend on welfare programmes, and thus exacerbate existing economic inequities between coal and other regions. The emphasis by developed countries’ on …

Going green: The Hindu Editorial on Budget 2023’s and India’s net-zero commitment
1 year, 10 months ago

Going green: The Hindu Editorial on Budget 2023’s and India’s net-zero commitment

The Hindu  

Finance Minister Nirmala Sitharaman’s latest Budget is noteworthy for the emphasis she has laid on the government’s commitment to move towards net-zero carbon emission by 2070. As an article presented at the World Economic Forum’s Annual Meeting in Davos last month notes, India holds the key to hitting global climate change targets given its sizeable and growing energy needs. Energy …

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 …

Climate-proofing India’s socio-economic trajectory
1 year, 10 months ago

Climate-proofing India’s socio-economic trajectory

Live Mint  

With existing socio-economic challenges, India needs a people-first development paradigm to move towards a climate-secure future, and become a leading voice on climate action for the Global South. With programmes around green fuel, climate-friendly farming, green buildings, low-carbon mobility, and policies for efficient energy use across various economic sectors, the 2023-24 Budget lays a strong foundation for green growth – …

Net Zero by 2070: In Big Push for Green Growth, India Sets Aside Rs 35,000 Cr for Energy Transition in Budget
1 year, 10 months ago

Net Zero by 2070: In Big Push for Green Growth, India Sets Aside Rs 35,000 Cr for Energy Transition in Budget

News 18  

As the race to Net Zero gathers pace, India on Wednesday announced that it has set aside priority capital investment of Rs 35,000 crore towards energy transition as well as energy security. Reiterating the government’s commitment to climate action, Finance Minister Nirmala Sitharaman listed ‘Green Growth’ as one of the seven big priorities along with infrastructure and investment, financial sector, …

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 …

Achievements in renewables strengthened resolve for Net Zero by 2070: President
1 year, 10 months ago

Achievements in renewables strengthened resolve for Net Zero by 2070: President

Deccan Chronicle  

NEW DELHI: President Droupadi Murmu on Tuesday said India has achieved the target of making 40 per cent of its electricity generation capacity from non-fossil fuel sources, a success that has strengthened the resolve to achieve Net Zero by 2070. In her maiden address to the joint sitting of Parliament marking the beginning of the Budget Session, Murmu said India …

Developed world hasn't acted on $100bn/year climate finance pledge; multilateral financial bodies need to be transformed: Amitabh Kant
1 year, 10 months ago

Developed world hasn't acted on $100bn/year climate finance pledge; multilateral financial bodies need to be transformed: Amitabh Kant

The Hindu  

India's G20 sherpa Amitabh Kant on January 30 said the developed world has not helped the developing countries with $100 billion of climate finance per year, despite committing to it way back in 2009. Explained | All about the G20: History of the forum and India’s presidency "If India has to go for climate change, the developed world has to …

NITI Aayog proposes decarbonising of industrial emissions
2 years ago

NITI Aayog proposes decarbonising of industrial emissions

The Hindu  

Carbon Capture Utilisation and Storage, the technology for decarbonising carbon dioxide from high polluting sectors such as steel, cement, oil, gas, petrochemicals, chemicals and fertilisers, has a critical role to play for the country to halve CO2 emissions by 2050, says a report on the policy framework of the CCUS prepared by the Niti Aayog and MN Dastur & Company. …

Explained | What is India’s future strategy on emissions?
2 years, 1 month ago

Explained | What is India’s future strategy on emissions?

The Hindu  

The story so far: The Climate Change Conference at Sharm el-Sheikh was to end on Friday but the deadline was extended to the weekend because there were divisions among member countries on the final text of the agreement. While India unveiled its much-awaited Long-Term Low Emission Development Strategy during COP27, several outstanding issues remain. Environment minister Bhupender Yadav said the …

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 …

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