The Government of India announced the approval by cabinet of a new series of 2030 climate commitments, including a pledge to reduce emissions intensity by 45% and to transition to approximately 50% electric power from non-fossil-based sources. The country’s new pledges are key pieces of India’s updated Nationally Determined Contribution. NDCs are a major part of countries’ obligations under the Paris Agreement, outlining their interim commitments on the pathway to net zero. India’s first NDC was submitted to the United Nations Framework Convention on Climate Change (UNFCCC) in 2015, with goals to reduce emissions intensity of its GDP by 33% to 35% compared to 2005 levels by 2030, achieve 40% cumulative electric power installed capacity from non-fossil sources, and create additional carbon sink of 2.5bn to 3bn tonnes of CO2e through forest and tree cover. The new targets follow India’s participation in the COP26 climate conference and the resulting Glasgow Climate Pact, which included a call on nations to revisit and enhance their 2030 emissions targets or NDCs over the next year.

Source: ESGToday