India set to exceed climate targets Flashcards
What are Intended Nationally Determined Contribution (INDC) of India?
To reduce the emissions intensity of its GDP by 33 to 35 per cent by 2030 from 2005 level.
To achieve about 40 per cent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030, with the help of the transfer of technology and low-cost international finance, including from Green Climate Fund.
To create an additional carbon sink of 2.5 to 3 billion tonnes of CO2 equivalent through additional forest and tree cover by 2030.
What are the current achievements?
Shrunk its emission intensity by 21% since the year 2005.
Installed solar capacity had increased to 36 gigawatts in 2020.
India’s renewable energy capacity is currently listed in the fourth position globally and is expected to reach an astonishing 175 GW by 2022.
India belongs to a select club of countries that have increased the forest cover.
