The report says that shifting to a more energy-efficient pathway could lead to a substantial reduction in the expected carbon-di-oxide levels over the next 20 years.
The good news is, after the COP15 (2009) commitment to help developing/poor countries with $100 billion a year in adopting green energy, rich countries committed to “loss and damage fund” at COP27.
The whitepaper, titled ‘the neglected demand side of the green equation’, says that even though the use of renewables is growing, they are not even close to replacing fossil fuels.
Six sectors - power, automotive, aviation, steel, cement and agriculture -now contribute roughly 70% of India’s overall emissions.
India has seen a significant shift, with over half a million green jobs being posted by companies online, shows the Monster.com data
Finance minister Nirmala Sitharaman acknowledges “clean air is a matter of concern” in her Budget speech.
