The Union minister said even though India decided to add 80 GW of coal-fired capacity by 2030, the country s total thermal capacity will come down from nearly 70% in 2014 to about 33% in 2030, which will be one of the largest reductions by any country.
The financial offering from rich states to poor is far too small since developing and poor nations have little to no capacity to invest in clean energy or adaptation in the near term, experts said
Transitioning away from fossil fuels, accelerating efforts towards the phase-down of unabated coal power, setting up of the loss and damage fund, tripling renewable energy by 2030 and pledges by major oil and gas firms to curb methane emissions are some of biggest takeaways from COP28
Keep up with the big stories from the COP28 summit with our specially curated package of the most interesting articles to help you stay at the top of your game.