India is among the few big economies that have not submitted an updated Nationally Determined Contribution, as the Paris Agreement stipulates.
India announced on Monday that it would significantly expand renewable energy sources in its total energy mix and called on the rich world to pony up $1 trillion to help developing countries make the energy transition, the New York Times reports.
The Indian prime minister, Narendra Modi, also said his country would aim to be “net-zero” by 2070, but far more significant were the more immediate goals that he announced.
In his remarks to the COP26 climate summit in Glasgow, Scotland, Mr. Modi said India would aim to build 500 gigawatts of renewable energy and ensure that half of its energy mix comes from sources other than fossil fuels by 2030. That means coal, which provides the bulk of India’s electricity, would remain a large part of its energy mix in the coming decade. India is one of the world’s largest consumers of coal.
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