India has set itself an ambitious long-term goal of reaching net zero emissions by 2070. In August 2022, India updated its Nationally Determined Contributions (INDC) under the Paris Agreement to reflect its aim of achieving 50% cumulative electric power installed capacity from non-fossil fuel-based energy sources by 2030. The route towards achieving this is through transfer of technology and low-cost international finance.
Economic Laws Practice (ELP)’s Partner Aakanksha Joshi, and Associate Pranaav Gupta have co-authored an article titled in The Times Of India ‘A roadmap for just energy transition – Balancing ambitious commitments and ground realities’ explaining the landscape of India’s renewable energy push, and how it’s dependence on coal is intertwined with the growth of the economy.
Read the article here: http://bit.ly/3Wb4zIA