Net zero carbon emission by 2070 : In this article we have discussed about what is India’s Net zero carbon emission by 2070 and what are the major steps taken by Indian government to achieve the target. Important for all types of exams eg. UPSC, SSC, class 10, class 12 etc.
Net zero carbon emission by 2070:-
Net zero, or becoming carbon neutral, means not adding to the amount of greenhouse gases in the atmosphere.
Prime Minister Narendra Modi had announced a net-zero carbon emission by 2070 for India at the 2021 Climate Change Conference (COP-26) last year. Also, India is aiming to increase its low-carbon electricity capacity to 500 GW by 2030 and meet 50 percent of its energy needs from renewable energy by 2030.
According to a report by global think tank ‘Observer Research Foundation’ (ORF), as India moves towards net zero carbon emission target, the country’s GDP will increase by $ 406 billion by 2050 and it will create more than 43 million job opportunities. India’s announcement of a net-zero goal is also a big step from this point of view, as it is not one of the major contributors to global warming, yet it has proceeded from a voluntary obligation.
It is noteworthy that India’s historical cumulative emissions are only 4.37% of the world’s total emissions. In this context, India at COP-26 of the UNFCCC announced its enhanced climate commitments—the ‘Panchamrit’, which includes a commitment to reach Net zero carbon emission by 2070.
What is a net-zero emissions target?
A net zero emissions target, also known as ‘Carbon Neutrality’ does not mean that a country will reduce its emissions to zero. Rather, it marks a country in which a country’s emissions are offset by the absorption and removal of greenhouse gases from the atmosphere.
Furthermore, the absorption of emissions can be increased by creating more carbon sinks such as forests. While removing the gases from the atmosphere requires futuristic technologies like carbon capture and storage. More than 70 countries have claimed to become net zero by the middle of the century i.e. by the year 2050.
In accordance with paragraph 19 of Article 4 of the Paris Agreement, all Parties shall endeavor to formulate and communicate long-term low greenhouse gas emissions development strategies, taking into account Article 2 of their common but differentiated responsibilities and related Keeping in view the capabilities, various national circumstances have been directed to be assessed.
According to the Getting India to Net Zero report, if India is to achieve its net-zero emission target by the year 2070, India will need a massive investment of $10.1 trillion from now.
Action required by India for zero emission:-
- India has also announced a target of 50% of installed electricity generation capacity from non-fossil energy sources by the year 2030. This adds to the existing target of 40%, which has already been achieved by approx.
- Lifestyle for the Environment (LIFE) as a key to combating climate change, including the mass movement to promote a healthy and sustainable way of life based on the traditions and values of conservation and moderation. At the same time, a campaign has been launched to adopt a climate-friendly and clean route as compared to the route adopted by others at the respective level of economic development.
- India has set a target of having about 50% of the cumulative electric power installed capacity from non-fossil fuel based energy resources by the year 2030.
- This will be possible with the help of transfer of technology and low cost international finance including Green Climate Fund (GCF).
- There is also a plan to store an additional carbon equivalent of 2.5 to 3 billion tonnes of CO2 by the year 2030 through additional forest and tree cover. Adaptation to climate change has been targeted by increasing investment in development programs for climate change sensitive areas especially agriculture, water resources, Himalayan region, coastal areas and health and disaster management.
- India has also prepared a plan to mobilize domestic and additional funds from developed countries to implement the above mitigation and adaptation actions considering the resources required and resource gaps.
- India has embarked on one of the world’s largest solar power installation initiatives. The Bureau of Energy Efficiency (BEE) and Energy Efficiency Services Limited (EESL) have taken several initiatives under the National Mission for Enhanced Energy Efficiency (NMEEE) to combat climate change.
- Funds deposited in the Compensatory Afforestation Management and Planning Authority (CAMPA) Fund, created under the Compensatory Afforestation Fund Act, 2016, will soon be used to compensate for deforestation and restore green cover comprising endemic species of trees Will go Recently India has also announced Hydrogen Energy Mission for gray and green hydrogen.
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