Question
By which year does India aim to achieve net-zero carbon
emissions?Solution
India has committed to achieving net-zero carbon emissions by 2070 as part of its climate action plan. This goal was announced by Prime Minister Narendra Modi at the COP26 Climate Summit held in Glasgow, Scotland, in November 2021. Net-zero emissions imply balancing the amount of greenhouse gases emitted with the amount removed from the atmosphere, ensuring a sustainable environmental footprint. Key Points about India’s Climate Goals (Announced at COP26): 1. Net-zero Target Year: 2070. 2. Short-term Commitments by 2030: o Reduce carbon intensity of GDP by 45% compared to 2005 levels. o Achieve 500 GW of non-fossil fuel energy capacity. o Fulfill 50% of energy needs through renewable sources. o Reduce total projected carbon emissions by 1 billion tons.
According to RBI guidelines, a non-banking entity seeking authorisation as ‘Bharat Bill Payment Operating Unit (BBPOU) under the proposed Bharat B...
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(Place)
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