Budget 2023Budget 2023


  • Tata AIA Life Insurance
  • Hafele
  • Motilal Oswal
  • SMC Global Securities Limited
  • SBI Life
  • DSP Mutual Fund
Upcoming Event : LeapToUnicorn - mentoring, networking and fundraising for startups. Register now
you are here: HomeNewsIndia

India may stumble to achieve target of carbon neutrality by 2050: Govt sources

India's per capita emissions are an eighth of those of the United States and less than a third of China's.

March 31, 2021 / 12:10 PM IST
Representative image

Representative image

India is unlikely to bind itself to a net-zero greenhouse gas emissions goal by 2050, government sources told Reuters, despite diplomatic pressure from the United States and Britain to do so to help slow global warming.

India is the world's third-biggest carbon emitter after China and the United States and thus is vital in the fight against climate change currently focused on reaching zero emissions by mid century or thereabouts.

China has pledged to become carbon neutral by 2060 while U.S. President Joe Biden's administration is expected to announce a 2030 target for reducing emissions at a summit next month, and later possibly set a target date for becoming carbon neutral.

But India's energy demand is projected to grow by more than any other nation over the next two decades and the worry is that it may have to cut back on consumption if it were to tie itself to a hard emissions deadline, two sources involved in the discussions told Reuters.