India's Environmental Progress and Sustainable Growth Outlook
Key Ideas
- India has reduced emission intensity by 33% between 2005-2019, achieving NDC targets for 2030 ahead of schedule.
- The country aims to increase non-fossil fuel-based electricity share to 40% and enhance forest cover to absorb billions of tons of CO2 by 2030.
- Initiatives like the Green Hydrogen Mission and PM-Surya Ghar Yojana are driving the transition towards renewable energy sources.
- The Economic Survey emphasizes the importance of integrating climate change strategies into national development policies for sustainable growth.
India, recognizing its vulnerability to climate change, has showcased significant environmental progress, as per the Economic Survey 2023-24. The country has successfully reduced emission intensity and achieved its NDC targets for 2030 well ahead of schedule. Initiatives like increasing the share of non-fossil fuel-based electricity and enhancing forest cover demonstrate India's commitment to sustainability. The Survey highlights the decoupling of economic growth from greenhouse gas emissions, emphasizing the importance of sustainable development. India's shift towards renewable energy, including the Green Hydrogen Mission and PM-Surya Ghar Yojana, reflects its determination to reduce reliance on fossil fuels. Furthermore, India's leadership in international climate change initiatives signifies its global commitment to environmental protection. The Survey stresses the need to integrate climate change strategies into national policies for socio-economic stability and sustainable growth. Overall, India's proactive environmental measures and sustainable growth outlook signal a positive trajectory towards a greener future.
Topics
India
Renewable Energy
Climate Change
Sustainability
Energy Transition
Economic Growth
Environmental Protection
International Initiatives
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