India will achieve net zero emissions by 2070: Modi tells COP26
In a landmark decision in the face of repeated calls by developed nations, Indian Prime Minister Narendra Modi announced at the climate summit in Glasgow yesterday that his country will achieve the target of net zero emissions by the year 2070 to help fight the adverse effects of climate change.
The pledge to reach net zero by 2070 is part of Modi’s five-point climate action plan which includes India reaching its non-fossil energy capacity to 500 GW by 2030, meeting 50 percent of its energy requirements from renewable energy in the next nine years, reducing total projected carbon emissions by one billion tonnes and carbon intensity of its economy by less than 45 percent, reports our New Delhi correspondent.
This was the first time India, the world’s fourth biggest emitter of greenhouse gas, spelt out the target of achieving net zero, which gives the country 10 years more than China, the third largest emitter, and 20 more than the US and European Union, the top two emitters of greenhouse gas.
Net zero refers to a balance between the quantity of emissions of greenhouse gases, that raise the globe’s temperature, and an equal amount of the gases absorbed by forest cover, crops, soils and nascent “carbon capture technology.”