Saturday, Apr 20 2024 | Time 18:19 Hrs(IST)
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World


India to reach net zero emission by 2070, PM Modi announces Panchamrit to tackle climate change

Glasgow/New Delhi, Nov 1 (UNI) India will reach net zero emission by 2070, Prime Minister Narendra Modi said at the COP26 Glasgow summit on Monday as he outlined five proposals or Panchamrit to tackle climate change.In his National Statement at the COP26 climate summit, the Prime Minister also outlined a new mantra for sustainable development – LIFE or Lifestyle For Environment, which he said could become a global movement.
He said that climate finance and technology transfer are an imperative to tackle climate change. In a clear message to developed countries, he said that like India has raised its ambition in setting its targets, they also need to raise ambitions in climate finance and tech transfer.
The Panchamrit announced by the PM are:India will reach Net Zero emission by 2070By 2030 India’s non-fossil fuel generation will increase by 500 GW, compared to 450 GW announced earlier.India will meet 50% of its energy requirements from renewable energy by 2030India will reduce 1 billion tonne of carbon emissions from the total projected emissions by 2030.India will also reduce carbon intensity by 45% in its economy.Foreign Secretary Harsh Vardhan Shringla termed it as a “seminal statement” by the PM on the significant contribution by India on the global climate change agenda.
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