Need right balance between development & carbon emissions

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Key Points

For many nations, access to energy is more important and immediate concern, it said.. India's own policies on energy transition are blended with near term pragmatism and long-term goal of cutting fossil fuel dependence, it added...

"Ambitious climate policies that are not pragmatic to factor in the need for energy security have socio-economic costs in the short to medium term, even if they may benefit in the very long term," the review added...

The country's ambitious expansion in the installed non-fossil fuel capacity, strategic interventions, energy efficiency and financial incentives are driving its pursuit of enhanced nationally determined contributions (NDCs) by 2030 and the goal of reaching net zero by 2070, the review said...

The installed capacity of non-fossil fuel energy has more than doubled in the last nine years to 187 GW, which accelerated the implementation of the country's targets, the review report said...

The development of solar parks and ultra mega solar power projects, rooftop solar scheme, green energy corridor, production-linked-incentive (PLI) scheme for manufacturing solar modules and for advanced chemistry cell (ACC) battery storage, among others have helped in the energy saving and a shift to non-fossil fuel energy...