NITI Aayog unveiled three out of eleven study reports at an event in New Delhi. These reports focus on achieving Viksit Bharat 2047 and Net Zero emissions by 2070. The remaining eight reports are set for release the following day.
The reports present findings from India’s first government-led study on development scenarios aligning with the Prime Minister’s vision. They aim to reduce greenhouse gas emissions to zero by 2070 while fostering economic growth and addressing climate commitments. The study integrates various sectors and economic aspects to inform long-term policy planning.
One of the released reports provides an overview of the scenarios towards Viksit Bharat and Net Zero. It emphasizes the importance of accelerating demand electrification, enhancing circularity, and promoting low-carbon technologies. Another report delves into the macroeconomic implications of the development scenarios, highlighting trade-offs and synergies in India’s growth trajectory. Additionally, a report on financing needs underscores the requirement for significant capital mobilization to achieve Net Zero by 2070.
Experts at the event emphasized the importance of India’s transition towards Net Zero by 2070. They highlighted the need for technological advancements, financial reforms, and global cooperation to realize these ambitious goals.
