Business News

How India Inc. uses carbon pricing & science-based targets to achieve high ambition targets

Apr 30, 2022

New Delhi [India], April 30 (ANI/Mediawire): India's energy and economic future is severely threatened by the climate crisis. With the rapid adoption of renewable energy, the transition is underway, and with the announcements of the Panchamrits by Prime Minister Narendra Modi at Glasgow,the country has laid out a five-fold strategy to align to the 1.5 degrees Celsius. India has announced 2070 as the net-zero target year and targets like reducing the economy's carbon intensity by 45 per cent by 2030 and meeting 50 per cent of energy requirements through renewables by 2030.