India must decarbonize more, and fast, but it also needs to generate sufficient economic growth to lift one-third of its 1.3 billion people out of poverty. Achieving that without drastically increasing carbon dioxide emissions will require policymakers to pursue a radically different green growth strategy.
NEW DELHI – India’s commitments under the 2015 Paris climate agreement, which aims to limit global warming to well below 2° Celsius relative to pre-industrial levels, include three quantifiable objectives. By 2030, the country aims to reduce the emissions intensity of its GDP by 33-35%, ensure that renewable energy sources account for about 40% of its installed power capacity, and, through afforestation, create an additional carbon sink of 2.5-3 billion tons of carbon dioxide equivalent.
NEW DELHI – India’s commitments under the 2015 Paris climate agreement, which aims to limit global warming to well below 2° Celsius relative to pre-industrial levels, include three quantifiable objectives. By 2030, the country aims to reduce the emissions intensity of its GDP by 33-35%, ensure that renewable energy sources account for about 40% of its installed power capacity, and, through afforestation, create an additional carbon sink of 2.5-3 billion tons of carbon dioxide equivalent.