Ambitious Target for Net Zero

Union Minister for Environment, Forest and Climate Change, Bhupender Yadav, has said that India will require investments of more than USD 10 trillion by 2070 to achieve its net-zero target.

He further emphasized the need to build trust in environment-friendly investments to achieve this goal.

Yadav said, “India is promoting blended approaches to finance, where public funds are used to encourage and de-risk private investments in renewable energy, energy efficiency, electric vehicles, waste-to-wealth initiatives, and nature-based solutions and resources.”

The minister outlined three key principles guiding India’s climate-related efforts:

1. Climate finance cannot be separated from development finance.
2. Clean energy, efficient cities, climate-resilient agriculture, and strong infrastructure are the foundation for national security and industrial leadership.
3. The country that successfully mobilizes green investments will dominate industrial value chains in the future.

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