Business EconomyPosted at: Feb 15 2026 12:07AM


India will continue to invest in renewable energy: Nirmala Sitharaman

New Delhi/Munich, Feb 14 (UNI) Finance Minister Nirmala Sitharaman on Saturday said that India will continue to invest in renewable energy and have been steadily building on that commitment.
She was addressing the Munich Security Conference in Germany.
Emphasising on the government's commitment on renewable energy, she said, "Carbon capture strategies have been funded in the union Budget 2026-27 so that they can be implemented across the country."
"Furthermore, we have achieved two-thirds of our nationally determined commitments in the renewable sector and that too four years ahead of the target date" she added.
"As much attention as we give to emission control, we need to look at resilience and adaptation. Otherwise, you're going to sacrifice a lot."
She said that scientists will have to talk to each other and no one can say they've created a perfect system to counter climate conditions.
FM also informed that India has increased its commitment to climate action.
Highlighting certain data, she said, "Six years ago, we were spending approximately 3.7pc of our GDP on climate action. Today, that figure close to 5.6pc."
"We have invested the funds. We are not waiting for financing and technology to come from elsewhere but they must come" she added.
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