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Getting India to Net Zero
September 10 , 2022
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- According to this report, the investment required will be $13.5 trillion if the target is to be met by 2050 for India.
- India will require an economy-wide investment of $10.1 trillion from now if it is to achieve its net-zero emissions target by 2070.
- The report also says achieving net-zero by 2070 would boost annual GDP by up to 4.7% by 2036 and create as many as 15 million new jobs by 2047.
- India’s Nationally Determined Contribution (NDC) targets set in 2015 are likely to be met early within the next few years through current policies.
- The report said India could peak in emissions as soon as 2030.
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