Sunday, January 12, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Health

Renewables efforts noted

Fiinews by Fiinews
November 3, 2016
in Health, Projects
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Renewables efforts noted

The India Gate monument in New Delhi, India, enveloped by a blanket of smog

India could have been expected to increase its coal-fired power use for decades, but it has now intensified focus on renewables, notes Climate Action Tracker (CAT).

There appears to be a transition underway with an extremely rapid growth in renewable energy installations, which has begun to displace planned coal at a scale that has surprised many analysts.

Yet India’s Nationally Determined Contribution (NDC) under the Paris Agreement (PA) does not yet reflect these developments, notes CAT in India’s climate action assessment, rating it as “medium”.

With the currently targeted 175 GW of renewable power capacity to be reached by 2022, India is already set to overachieve its emissions intensity target.

The likely continued expansion of renewables after 2022, for which no targets have yet been set, would result in India also overshooting its 2030 non-fossil capacity target.

Thus, India’s Paris Agreement NDC commitment is weaker than actions resulting from current policies. On 2 October 2016, India ratified the Paris Agreement.

Neither the NDC nor current policies are ambitious enough to limit warming to below 2°C, let alone the Paris Agreement’s stronger 1.5°C limit, unless other countries make much deeper reductions and comparably greater effort.

India’s Nationally Determined Contribution (NDC) targets to lower the emissions intensity of GDP by 33% to 35% by 2030 below 2005 levels, to increase the share of non-fossil based power generation capacity to 40% of installed electric power capacity by 2030 (equivalent to 26–30% of generation in 2030), and to create an additional (cumulative) carbon sink of 2.5–3 GtCO2e through additional forest and tree cover by 2030.
For 2020, India has earlier put forward a pledge to reduce the emissions intensity of GDP by 20% to 25% by 2020 below 2005 levels. Both the NDC and Copenhagen pledge are in line with current policies and we rate them as “medium.”

The “medium” rating indicates that India’s climate plans are at the least ambitious end of what would be a fair contribution. This means they are not consistent with limiting warming to below 2°C, let alone with the Paris Agreement’s stronger 1.5°C limit, unless other countries make much deeper reductions and comparably greater effort.

Read full report: http://climateactiontracker.org/countries/india.html

/fii-news.com

Tags: Renewables
ShareTweetShare

Related Posts

PIB
Projects

Project: MCA Barge inducted at Naval Dockyard

by Fiinews
January 11, 2025
0
13

MCA Barges are flag bearers of Make in India The seventh Missile Cum Ammunition Barge (MCA) Barge, LSAM 14 (Yard...

PIB.
Projects

Project: IR makes heavy investment on capacity

by Fiinews
January 10, 2025
0
20

Rs.40,367 crores invested on rolling stock Indian Railways capital expenditure stands at 76% so far out of 2024-25 Budget Estimate...

Solidus3

Project: Solidus to build 110 MWp plant

January 9, 2025
14
GAIL

Project: CPSEs work on Rs.5.70 l-cr developments

January 9, 2025
16
Toyoda Gosei

Project: Japanese to show safety systems in Delhi

January 8, 2025
16
Afcons Infrastructure.

Project: Afcons challenged by bow-string spans

January 8, 2025
19
SBI SINGAPORE SBI SINGAPORE SBI SINGAPORE

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Invest: Singapore sees opportunities in India
  • Manufacturing: PLI to generate Rs.3.5lcr output
  • Invest: President awards PBSA to Temurnikar
  • Market: Real estate set for unprecedented growth
  • Export: $100bn F&B target ‘not ambitious’ — Goyal

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.