India announces new climate change targets

India has submitted its Intended Nationally Determined Contribution (“INDC”) to the United Nations Framework Convention on Climate Change on 2nd October 2015. Some of the salient features of INDC are: 

  1. To put forward and further propagate a healthy and sustainable way of living based on traditions and values of conservation and moderation and to adopt a climate-friendly and a cleaner path than the one followed hitherto by others at corresponding level of economic development.
  2. To reduce the emissions intensity of its GDP by 33 to 35 %  by 2030 from 2005 level;
  3. To create an additional carbon sink of 2.5 to 3 billion tonnes of Carbon dioxide equivalent through additional forest and tree cover by 2030;
  4. To achieve about 40% cumulative electric power installed capacity from non-fossil fuel based energy resources by 2030, with the help of transfer of technology and low cost international finance, including from Green Climate Fund;
  5. To better adapt to climate change by enhancing investments in development programmes in key sectors of ecosystem which are vulnerable to climate change, such as agriculture, water resources, glaciers in Himalayan region, coastal regions, forest-dependent species etc. and make efforts creating an ecologically sustainable habitats;
  6. The energy efficiency of thermal power plants will be systematically and mandatorily improved. Over one million medium and small enterprises will be involved in the Zero Defect Zero Effect Scheme to improve their quality, energy efficiency, enhance resource efficiency, pollution control, waste management and use of renewable energy;
  7.  To mobilize domestic and new and additional funds from developed countries to implement the above mitigation and adaptation actions in view of the resource required and the resource gap;
  8.  To build capacities, create global framework for quick transfer of technology in India and remove barriers, create facilitative IPR regime, provide finance, capacity building support and create a global framework for Research & Development on clean coal and other technologies.

India’s development plans will continue to place a balanced emphasis on economic development and environment.

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