India submits INDC, pledging to reduce emissions intensity up to 35% by 2030
- 01 October 2015
NEW DELHI: Following closely behind Climate Week NYC 2015, the long-awaited Intended Nationally Determined Contribution (INDC) from Prime Minister Modi’s government has today been submitted to the UNFCCC.
India intends to reduce emissions intensity of its GDP by 33-35% by 2030 from the 2005 level, and aims to achieve about 40% cumulative electric power installed capacity from non-fossil fuel-based energy resources in the same timeframe.
The action plan proposed by the state government reflects a transformation in India’s carbon-intensive sectors and consolidates the country’s vision of overall ambitious climate action around five key elements: finance, emission reductions, technology transfer and capacity building.
The cost of climate action between now and 2030 is estimated to total more than US$2.5 trillion, although the document states a "full scale assessment of international climate finance needs will be finalized at a later stage".
Speaking on the positive strides on climate the INDC sets out, Krishnan Pallassana, India Director, The Climate Group, says: “The much anticipated India INDC underlines actions already in place which focus on renewable energy and energy efficiency. We welcome the commitment made to reduce emission intensity of its GDP by 33-35% by 2030, and the signals the India government is sending about its support for the international process and its confidence in a deal at COP.
“Development is understandably a primary concern for policy-makers, and this is evident in today’s announcement. However the fact that India is a developing economy should not be seen as a constraint but as an opportunity to demonstrate to others how ambitious growth can be achieved through a clean industrial revolution and building a strong low carbon economy.”
Mark Kenber, CEO, The Climate Group commented on India's INDC: “All the world's major economies have now presented their contributions for COP21. India's INDC follows a week where climate has dominated headlines for all the right reasons. We've seen Brazil and South Africa make commitments, states, regions and cities set new carbon targets, and organizations representing no fewer than 6 million companies say they all back a deal in Paris. This is a world apart from where we were going into Copenhagen.
“The wind is clearly in our sails. But we now need to turn this momentum into a ratcheting up of ambition and confidence that a strong deal will have significant economic and financial benefits. Paris needs to mark a major transition to a global low economy that is strong and sustainable. The goal, as signaled to us by Environment Minister Prakash Javadekar this week, of transforming India's economy into a leading global clean tech hub and delivering the country's economic development strategy on the back of this, is further evidence that the center of gravity has fundamentally and irreversibly shifted."
India’s INDC also focuses on increasing forest cover and improving climate adaptation efforts in agriculture.
In total, 86 countries have so far submitted their respective INDCs to the United Nations Framework Convention on Climate Change. The list include the world's top three emitters, China, US and the EU. The INDCs will indicate how successful the outcome from the global climate talks in Paris this December will be, in putting us on a pathway to a strong, low carbon economy.
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by Anisha Laming