India’s clean energy commitments at UN summit
During the first leader-level meeting on energy, under the UN General Assembly, India has made commitments to increase the renewable energy installed capacity to 450 GW by 2030.
- India has also committed to develop and implement a National Hydrogen Energy Mission in order to boost the annual green hydrogen production to 1 MT by 2030.
- It also announced to start a Production Linked Incentive Scheme which will help in adding 10 GW solar PV manufacturing capacity by 2025.
- India’s commitments were the part of new multi-billion-dollar commitments that countries made in order to increase renewables and access to electricity & clean cooking technologies at the critical summit.
- The summit was aimed at boosting efforts towards reducing the ranks of about 800 million people living in energy poverty. It also seeks to set the world on a trajectory towards net-zero-emissions by 2050.
Production Capacity of Compressed Biogas
India also announced to establish a 15 MMT production capacity of compressed biogas by 2024 and achieve 20 per cent ethanol blending in petrol by the year 2025-26. It seeks to enhance energy efficiency in agriculture, industry, buildings and transport sectors besides promoting energy-efficient appliances & equipment in a bid to reduce India’s emissions intensity of GDP by 33-35 per cent by 2030.
Commitments by other countries
About 35 countries including Small Island, Developing States and major emerging & industrialized economies have made new energy commitments in the form of Energy Compacts. They also announced partnership initiatives with the aim of providing and improving access to reliable electricity.
Category: International Current Affairs
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