Zürcher Nachrichten - Green goals versus growth needs: India's climate scorecard

EUR -
AED 4.227793
AFN 73.093036
ALL 95.821139
AMD 434.134301
ANG 2.060384
AOA 1055.466588
ARS 1594.695474
AUD 1.675948
AWG 2.071798
AZN 1.961268
BAM 1.956376
BBD 2.318483
BDT 141.242224
BGN 1.967413
BHD 0.433943
BIF 3416.740797
BMD 1.150999
BND 1.482337
BOB 7.983352
BRL 6.061051
BSD 1.151134
BTN 109.10804
BWP 15.869882
BYN 3.426509
BYR 22559.582151
BZD 2.315052
CAD 1.598732
CDF 2627.159933
CHF 0.918468
CLF 0.026968
CLP 1064.847263
CNY 7.955534
CNH 7.966415
COP 4236.355738
CRC 534.55516
CUC 1.150999
CUP 30.501476
CVE 110.639834
CZK 24.526007
DJF 204.556011
DKK 7.472643
DOP 68.743467
DZD 153.239908
EGP 60.659844
ERN 17.264986
ETB 180.879958
FJD 2.590328
FKP 0.862171
GBP 0.867709
GEL 3.101989
GGP 0.862171
GHS 12.626909
GIP 0.862171
GMD 84.602865
GNF 10105.772413
GTQ 8.809634
GYD 240.967271
HKD 9.01603
HNL 30.524943
HRK 7.533409
HTG 150.89511
HUF 390.36077
IDR 19530.900697
ILS 3.611398
IMP 0.862171
INR 109.145105
IQD 1507.808807
IRR 1511549.554476
ISK 143.58758
JEP 0.862171
JMD 181.19338
JOD 0.816104
JPY 184.571341
KES 149.519157
KGS 100.655313
KHR 4617.80875
KMF 492.628013
KPW 1036.000816
KRW 1743.177052
KWD 0.354474
KYD 0.959295
KZT 556.496694
LAK 25206.880458
LBP 103071.968851
LKR 362.608401
LRD 211.352253
LSL 19.624973
LTL 3.398602
LVL 0.696228
LYD 7.343812
MAD 10.750769
MDL 20.21922
MGA 4805.421597
MKD 61.610158
MMK 2420.019892
MNT 4120.56426
MOP 9.287998
MRU 46.167009
MUR 53.755963
MVR 17.794881
MWK 1998.134816
MXN 20.85208
MYR 4.516565
MZN 73.560786
NAD 19.624968
NGN 1594.652122
NIO 42.26512
NOK 11.23054
NPR 174.56867
NZD 2.005283
OMR 0.44256
PAB 1.151124
PEN 3.981886
PGK 4.960235
PHP 69.637791
PKR 321.416927
PLN 4.287516
PYG 7526.217256
QAR 4.208633
RON 5.09801
RSD 117.382384
RUB 93.808448
RWF 1680.45867
SAR 4.318853
SBD 9.256306
SCR 17.323018
SDG 691.750843
SEK 10.904071
SGD 1.48327
SHP 0.863547
SLE 28.257455
SLL 24135.887864
SOS 657.800195
SRD 43.278761
STD 23823.357291
STN 24.573831
SVC 10.071967
SYP 127.215652
SZL 19.624959
THB 37.883413
TJS 10.999027
TMT 4.040007
TND 3.36495
TOP 2.771329
TRY 51.173045
TTD 7.82127
TWD 36.832551
TZS 2965.534234
UAH 50.456565
UGX 4288.263341
USD 1.150999
UYU 46.593727
UZS 14030.679283
VES 536.386461
VND 30314.438515
VUV 137.782859
WST 3.170812
XAF 656.150305
XAG 0.016515
XAU 0.000256
XCD 3.110633
XCG 2.07462
XDR 0.813516
XOF 652.04512
XPF 119.331742
YER 274.686351
ZAR 19.759091
ZMK 10360.377128
ZMW 21.669384
ZWL 370.621237
  • RBGPF

    -13.5000

    69

    -19.57%

  • RYCEF

    -0.6100

    14.69

    -4.15%

  • CMSD

    -0.1050

    22.645

    -0.46%

  • BCC

    0.2600

    74.55

    +0.35%

  • NGG

    -0.5300

    81.87

    -0.65%

  • RIO

    0.6800

    86.47

    +0.79%

  • JRI

    -0.2300

    11.84

    -1.94%

  • BCE

    -0.2350

    25.235

    -0.93%

  • VOD

    -0.1020

    14.528

    -0.7%

  • GSK

    0.1100

    54.05

    +0.2%

  • CMSC

    -0.0950

    22.725

    -0.42%

  • RELX

    -0.1400

    31.93

    -0.44%

  • BTI

    0.2449

    57.67

    +0.42%

  • AZN

    6.2600

    189.66

    +3.3%

  • BP

    0.2300

    46.4

    +0.5%

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.

J.Hasler--NZN