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climate pledges: India needs Rs 30 lakh crore investment by 2030 to meet COP pledges, says IREDA CMD

At COP26 held in 2021, India committed to an ambitious five-part "Panchamrit" pledge. They included reaching 500 GW of non-fossil electricity capacity, generating half of all energy requirements from renewables, to reducing emissions by 1 billion tonnes by 2030. India as a whole also aims to reduce the emissions intensity of GDP by 45 per cent. Finally, India commits to net-zero emissions by 2070.

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The truth behind the Paris Agreement climate pledges

The Truth Behind the Climate Pledges, a report by world-class scientists including former IPCC chair Sir Robert Watson, says almost three-fourths of 184 voluntary pledges made under the 2016 Paris agreement are inadequate to slow climate change. Only 36 of the commitments aim to reduce emissions by 40% or more by 2030. Source: The truth…

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Current Climate Pledges Not Enough To Prevent 2.9°C of Global Warming by 2100, New Study

Countries' greenhouse gas-cutting pledges put Earth on track for warming far beyond key limits, potentially up to a catastrophic 2.9 degrees Celsius this century, the UN said Monday, warning "we are out of road".

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