Funding is core to ‘net zero’ emission drive
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India must exploit the growing pool of global capital as also tap the resources of oil and gas majors pivoting to clean energy
With US climate envoy John Kerry’s visit to India last week, a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has thrown the spotlight on India’s emerging ‘net zero’ emissions position. Whether net zero is slated for 2050 to beat China by a decade, 2047 to help mark 100 years of Independence, or some other year matters less than the trajectory India follows to achieve it.
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