India will achieve net zero emissions latest by 2070, Prime Minister Narendra Modi said at the COP26 summit in Glasgow on Monday. Until Monday, India was the only major emitter that had not committed to a timeline to achieve net zero, or a year by which it would ensure its net carbon dioxide emissions would be zero.
By 2030, India will ensure 50% of its energy will be sourced from renewable sources. India also committed to reduce its carbon emissions until 2030 by a billion tonnes. India will also reduce its emissions intensity per unit of GDP by less than 45%. India would also install systems to generate 500 gigawatt of renewable energy by 2030, a 50 GW increase from its existing target, the Prime Minister said.
He added that in the spirit of climate justice, rich developed countries ought to be providing at least $1 trillion in climate finance to assist developing countries and those most vulnerable.
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