Dubai Telegraph - Green goals versus growth needs: India's climate scorecard

EUR -
AED 4.217149
AFN 74.640057
ALL 91.812649
AMD 416.812101
ANG 2.055883
AOA 1054.142658
ARS 1733.94924
AUD 1.611462
AWG 2.069818
AZN 1.944606
BAM 1.956326
BBD 2.312512
BDT 140.997921
BGN 1.933102
BHD 0.432815
BIF 3454.213968
BMD 1.148304
BND 1.464988
BOB 11.682142
BRL 5.891256
BSD 1.148104
BTN 110.088608
BWP 15.57012
BYN 3.490324
BYR 22506.755178
BZD 2.309211
CAD 1.60793
CDF 2653.730094
CHF 0.94669
CLF 0.027935
CLP 1103.038007
CNY 7.702305
CNH 7.689462
COP 3638.699262
CRC 513.635906
CUC 1.148304
CUP 30.430052
CVE 110.294664
CZK 24.330718
DJF 204.454098
DKK 7.475768
DOP 68.007995
DZD 153.627831
EGP 59.84282
ERN 17.224558
ETB 184.848234
FJD 2.545103
FKP 0.860429
GBP 0.85888
GEL 2.985956
GGP 0.860429
GHS 13.215554
GIP 0.860429
GMD 84.396361
GNF 10076.366387
GTQ 8.760356
GYD 240.174595
HKD 9.008449
HNL 30.912669
HRK 7.535745
HTG 150.059705
HUF 363.474894
IDR 20366.316829
ILS 3.480176
IMP 0.860429
INR 110.138012
IQD 1504.852177
IRR 1578458.452814
ISK 139.409191
JEP 0.860429
JMD 181.187941
JOD 0.814189
JPY 181.161578
KES 148.72073
KGS 100.419383
KHR 4654.075462
KMF 491.474122
KPW 1033.473817
KRW 1589.825107
KWD 0.354056
KYD 0.956853
KZT 511.445326
LAK 25693.298419
LBP 102830.608626
LKR 380.810761
LRD 200.37125
LSL 18.648276
LTL 3.390643
LVL 0.694598
LYD 7.28597
MAD 10.936441
MDL 20.156333
MGA 5041.053621
MKD 61.541552
MMK 2411.085158
MNT 4133.160739
MOP 9.278155
MRU 45.989405
MUR 54.624642
MVR 17.741427
MWK 1994.603358
MXN 19.682944
MYR 4.686204
MZN 73.387875
NAD 18.648202
NGN 1529.689947
NIO 42.108486
NOK 10.833799
NPR 176.140606
NZD 2.006771
OMR 0.441528
PAB 1.148109
PEN 3.874954
PGK 5.10424
PHP 72.10028
PKR 318.281157
PLN 4.360419
PYG 6791.797077
QAR 4.185544
RON 5.263591
RSD 117.388797
RUB 96.745472
RWF 1689.154942
SAR 4.264107
SBD 9.187019
SCR 15.910568
SDG 690.704828
SEK 11.268828
SGD 1.4662
SHP 0.858384
SLE 28.305972
SLL 24079.347958
SOS 655.681808
SRD 43.344451
STD 23767.570981
STN 24.803363
SVC 10.046658
SYP 14930.246763
SZL 18.734551
THB 38.235085
TJS 10.591749
TMT 4.030546
TND 3.344434
TOP 2.76484
TRY 56.01983
TTD 7.795063
TWD 36.505152
TZS 3044.851631
UAH 51.306976
UGX 4512.213557
USD 1.148304
UYU 46.162415
UZS 13578.693186
VES 973.170394
VND 29874.84674
VUV 135.834572
WST 3.163373
XAF 655.957
XAG 0.017061
XAU 0.000261
XCD 3.103348
XCG 2.069248
XDR 0.81191
XOF 655.957
XPF 119.331742
YER 271.630979
ZAR 18.660535
ZMK 10336.163763
ZMW 22.532962
ZWL 369.753367
SSP 6504.018863
MXV 2.231495
  • RBGPF

    0.0000

    69.99

    0%

  • CMSC

    0.1900

    20.67

    +0.92%

  • RYCEF

    0.5200

    19.81

    +2.62%

  • NGG

    1.5700

    77.6

    +2.02%

  • RELX

    0.1100

    34.38

    +0.32%

  • CMSD

    0.1600

    20.45

    +0.78%

  • BCE

    -0.2200

    22.28

    -0.99%

  • RIO

    2.2500

    98.04

    +2.29%

  • VOD

    0.0600

    17.52

    +0.34%

  • GSK

    0.7700

    51.06

    +1.51%

  • BCC

    0.2200

    75.53

    +0.29%

  • BTI

    -0.0700

    56.02

    -0.12%

  • JRI

    0.1100

    11.61

    +0.95%

  • BP

    0.0400

    45.42

    +0.09%

  • AZN

    3.2500

    166.14

    +1.96%

Green goals versus growth needs: India's climate scorecard
Green goals versus growth needs: India's climate scorecard / Photo: Money SHARMA - AFP/File

Green goals versus growth needs: India's climate scorecard

India is the world's most populous country, the third-biggest emitter of greenhouse gases, and remains deeply dependent on polluting coal to meet soaring energy demand.

Text size:

It is also a climate diplomacy heavyweight, representing developing economies.

Ahead of the COP30 climate talks in Brazil this month, here is a look at India's commitments:

- Emissions -

India emitted 4.4 billion tonnes of carbon dioxide equivalent -- a measure of all planet-warming greenhouse gases -- in 2024, according to UN figures, behind only China and the United States.

But with a population of 1.4 billion people, its per capita emissions and historical contributions to global warming are much smaller.

India is committed to reaching net-zero emissions by 2070, and is on track to meet and exceed a pledge to reduce emission intensity 45 percent from 2005 levels by 2030.

- Electricity -

India's emissions are dominated by coal, which generates around 75 percent of the country's electricity.

This year, non-fossil fuels hit half of India's installed energy capacity, a target reached five years earlier than planned.

But that capacity has not translated into generation, and India's remains the world's second largest coal consumer.

Its electricity needs are expected to more than double by 2047, according to the country's Center for Science and Environment.

And so far it remains off-track on an ambitious domestic goal to reach 43 percent renewable energy generation by 2030.

Just 2.5 percent of cars sold in the country last year were electric, according to S&P Global.

- Future goals -

Like all parties to the Paris Agreement, which set a goal of limiting long-term global warming to 1.5 degrees Celsius, India must soon present a roadmap for its climate commitments, with goals to reach by 2035.

Aman Srivastava, climate policy fellow at Sustainable Futures Collaborative, said those targets would likely be cautious, allowing India to meet and possibly exceed them.

One major announcement could be a peak emissions year, perhaps around the 2040-45 range, he told AFP.

That "then allows it to kind of ramp down its emissions over the subsequent 30 years or so" towards its 2070 net-zero target, he added.

India could also increase its emission intensity target, shifting it to the 50 to 55 percent range.

Srivastava said it would also be useful for India to shift from setting renewable energy capacity targets to "speaking about actual generation coming from non-fossil sources".

- Challenges -

India has led the charge among developing countries seeking more financial assistance to both mitigate climate change and deal with its effects.

A recent report suggests India believes it will need up to $21 trillion to meet climate goals while securing the needs of its population.

"India faces multiple priorities," including job creation, infrastructure and energy demand, and growth to lift people out of poverty, said Nakul Sharma and Madhura Joshi of climate think tank E3G.

Its "climate agenda is deeply intertwined with its development and energy-security priorities," added Sharma, senior policy advisor on India, and Joshi, programme lead for Asia.

- Climate diplomacy -

India has positioned itself as a voice for developing countries and was unhappy with the climate funding target set at last year's COP meeting, deeming it insufficient.

It could even offer two sets of climate targets, with more ambitious goals conditioned on receiving more finance, Srivastava said.

It is likely to push for more support from rich nations, and emphasise their historic responsibility for climate change at COP.

"Restoring trust in multilateralism will be really important" at this year's meeting, Srivastava added.

H.El-Din--DT