Roughly 44% of the country’s needs currently come from non-fossil fuels and is likely to reach 65% by 2030, ANI reported citing Union Minister RK Singh. This is significantly higher than what the country pledged in 2021 at the COP 21 Summit.
The COP26 Pledge in Glasgow entailed reaching 500 GW of non-fossil fuel electricity capacity, ANI reported.
India has also committed to being a net zero emissions country by 2070.
“At COP 26 we pledged that by 2030 we will have 50% of our capacity from non fossil fuels, (renewable). It would actually be 60-65%,” the minister stated at the World Sustainable Development Summit 2024 on Friday, organised by the Energy and Resources Institute.
“We are the only one issuing bids for round the clock renewable energy, and adding storage as a mission to bring the price of storage down,” he stated.
He added that developing countries need carbon space as they work towards becoming developed countries and added that developed countries’ per capita emissions were perhaps four times the global average, ANI reported.
Referring to developed countries, he said “You need to vacate carbon space so that developing countries can develop.