In a pivotal move towards India’s net zero target by 2070, The Energy and Resources Institute (TERI) presented a discussion study titled ‘India’s Journey to Net Zero: A Conceptual Framework for Analysis’.
During the session, TERI introduced a conceptual framework identifying India’s main carbon-emitting sectors, including electricity, transport, industry, agriculture, and residential cooking. The study anticipates India’s transition to a developed nation, with per capita carbon emissions reaching levels akin to advanced economies. It emphasizes decoupling India’s growth from carbon emissions, aligning with India’s vision of Viksit Bharat by 2047, assessing pathways for a low-carbon trajectory.
Nitin Desai, Chairman of TERI, stressed the importance of decoupling growth in supply and demand from carbon emissions. Dr. Vibha Dhawan, Director General of TERI, called for further research to delve into detailed sectoral analysis and scenario generation.
Insights from Ajay Shankar, Distinguished Fellow at TERI, outlined pathways for emissions to peak and decline, indicating steps towards decoupling economic growth from carbon emissions. India’s proactive measures, including the National Hydrogen Mission, are poised to accelerate decarbonization in hard-to-abate sectors.
In concluding remarks, Girish Sethi, Program Director at TERI, underscored the role of non-state actors, including the corporate sector, in achieving net zero emissions. The discussion emphasized collective efforts and the need to dissociate carbon emission growth from economic growth for sustainable development.
The session, part of TERI’s 50-year celebrations, highlighted a crucial step in India’s commitment to combating climate change.