Bombay Chambers

Bombay Chambers
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India considers net zero goal around 2050, a decade before China: Report

by Bombay Chambers on Apr 23, 2021

Currency Trading

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There is no consensus among ministries over the net-zero target, said people familiar with the matter, as India's fossil fuel use is set to rise in the coming decade Topics - Climate Change   Top Indian government officials are debating whether to set a goal to zero out its greenhouse gas emissions by mid-century, an ambitious target that would require overhauling its coal-dependent economy.   Officials close to Prime Minister Narendra Modi are working with senior bureaucrats and foreign advisers to consider ways to meet the 2050 deadline, according to people familiar with the matter. A 2047 target is also being considered, they said, to mark the centenary of India’s independence from British rule. The people asked not to be identified because the discussions are private. India, the world’s third-biggest emitter, has come under pressure to make a net-zero pledge ahead of global climate talks in Glasgow, Scotland, this year. Signatories of the Paris Agreement ... Continue reading →

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