COP27: India joins 57 nations in long-term strategies for net-zero pathways

COP27: India joins 57 nations in long-term strategies for net-zero pathways

New Delhi: India on Monday joined 57 nations to have submitted long-term strategies for net-zero pathways at the on-going UN climate summit, COP27, in Egypt. This is a follow-up to Prime Minister Narendra Modi’s speech in Glasgow where he committed to India meeting net-zero goal by 2070. The report, Long Term Low Carbon Development Strategy (LT-LEDS), was launched by Environment Minister Bhupender Yadav at the India@75 pavilion at the COP27 venue in Sharm Al Sheikh. India’s approach is based on four pillars that inform its climate policy landscape, namely its low historic contribution toward global warming, significant future energy needs of the country, national circumstances as it pertains to committing to low-emission growth strategies, and the need to build climate resilience. More than 100-page document specifies that it will focus on the following seven sectoral priorities to meet India’s decarbonisation goals. They are low carbon development in electricity systems consistent with development: The Indian government will prioritise demand side management for future planning of power systems. The LT-LEDS also mentions the rationalisation of fossil fuels, “with due regard to energy security”. A further priority area will also be the development of green taxonomy for the power sector. Develop an integrated,