Do you think India’s climate goals are on track, Discuss major steps need to be taken for future investments must be sustainable?

Climate change is a global phenomenon and requires the cooperation of all nations based on the principles of ‘Equity’ and ‘Common but Differentiated Responsibilities and Respective Capabilities’. India is a signatory to the Paris Agreement under the United Nations Framework Convention on Climate Change. 

As part of its Nationally Determined Contribution (NDC), India has three quantitative climate change goals viz. 

1)reduction in the emissions intensity of Gross Domestic Product (GDP) by 33 to 35 percent by 2030 from 2005 level, 

2)achieving about 40 percent cumulative electric power installed capacity from non-fossil fuel based energy resources by 2030 and 

For instance :Achieving 100 gigawatts of solar power capacity within the overall renewables goal, from 36 GW now, 

3)creating an additional carbon sink of 2.5 to 3 billion tonnes of carbon dioxide equivalent through additional forest and tree cover by 2030.

For instance : India took a step of forest expansion it is a key goal, given that it has multiple benefits, protecting biodiversity, influencing the climate system and providing resources for communities. 

India on move :

To achieve the goals, Government of India is implementing the National Action Plan on Climate Change(NAPCC) which includes eight national missions being implemented by various Ministries in specific areas of Solar Energy, Enhanced Energy Efficiency, Sustainable Habitat, Water, Sustaining the Himalayan Ecosystem, Green India, Sustainable Agriculture and Strategic knowledge for Climate Change. Further, 32 States/Union Territories have prepared State Action Plans on Climate Change (SAPCC) consistent with the objectives of NAPCC. Government of India is also implementing a dedicated National Adaptation Fund to implement adaptation actions in vulnerable sectors across the country.

Steps need to be taken by India :

1)Involvement of different stake holders :

The private sector plays pivotal role in creating low-carbon sustainable economies and has embarked on a number of voluntary actions on climate change that can contribute towards achieving India’s NDC goals. 

2)A coordinated response by the Government and private sector on climate change will help protect the country’s interests and ensure that India is on track towards meeting its climate change obligations under the Paris Agreement. Example :Public private patnership in infrasture development projects in urban phenomen for green technologies. 

3)Achieving 100 gigawatts of solar power capacity within the overall renewables goal, from 36 GW now, needs a steep scale-up that must actively promote rooftop solar installations.

4)Large-scale agriculture insurance against climate disasters also needs attention. 

5)cohesive policy on verifiable afforestation. 

6)India faces a particular challenge, in moving its pandemic rehabilitation spending away from traditional brown sector policies aligned with fossil fuel use to green territory.

India needs to focus on future emissions and plan green investments that qualify for global climate funding