India submits climate plan to UN for COP21
India has submitted its eagerly anticipated climate plan to the United Nations and is aiming to source 40 per cent of its energy needs from non-fossil fuel sources by 2030
India has submitted its eagerly anticipated climate plan to the United Nations and is aiming to source 40 per cent of its energy needs from non-fossil fuel sources by 2030.
India, the world’s third-largest emitter of greenhouse gases, said it would cut emissions intensity of its GDP by 33-35 per cent by 2030 from 2005 levels and will target 40 per cent total installed power capacity from clean energy sources by 2030.
The 197 UN member states were asked to submit Intended Nationally Determined Contributions (INDCs) in preparation for the UN Climate Change Conference in Paris in December when a historic global climate deal is due to be agreed to limit emissions.
New Delhi (pictured) has ruled out pledging absolute reductions in GHG emissions, in contrast to nations including the United States and China which have announced peak years for emissions.
Estimates suggest that India would need to spend around $206 billion between 2015 and 2030 for implementing adaptation actions in agriculture, forestry, fisheries infrastructure, water resources and ecosystems.
A statement from Indian officials said: “India’s climate actions have so far been largely financed from domestic resources. A substantial scaling up of the climate action plans would require greater resources…”
At least $2.5 trillion will be required for meeting India’s climate change actions between now and 2030, according to the statement.
Indian Prime Minister Narendra Modi met U.S. President Barack Obama and France and Britain’s leaders in September, and called for a climate change agenda that helps developing countries with access to finance and technology.
