Anjali Jaiswal, Senior Attorney, San Francisco
India's targets, called
Intended Nationally Determined Contributions (INDCs) under the UNFCCC,
reduce emissions intensity through clean energy development. India plans
to launch new initiatives that prioritize policies for solar, wind and
energy efficiency, green infrastructure, and cleaner fuels while
attracting climate financing.
As a major emerging economy with a growing
population, India's strong emissions intensity reduction and clean
energy goals are significant gains in the global fight against climate
change. India's targets balance development priorities with
climate action that lays the foundation for even bolder action. India is
already taking action to build a clean energy economy today and the
targets position India to do more in the real world to provide clean
energy access and curb climate change. With India's targets, countries
that account for at least 80 percent of the world's climate pollution
will have proposed specific targets as leaders head to Paris in
December, as analyzed by my colleague Jake Schmidt here.
Key features of India's INDC include:
- Unconditional emissions intensity reduction of 33-35% by 2030 based on 2005 levels
- Target of 40% of electricity from non-fossil fuel based energy sources by 2030 with the support of technology-transfer and climate financing
- Climate adaptation strategy of enhancing investments in development programs in sectors vulnerable to climate change, particularly agriculture, water resources, Himalayan region, coastal regions, health and disaster management.
- To create an additional carbon sink of 2.5 to 3 billon tonnes of CO2 equivalent through increasing forest and tree cover by 2030
India
has been preparing for months for the proposed post-2020 target. There
have been extensive discussions and diverse viewpoints in Delhi. Prime
Minister Narendra Modi and Environment Minister Prakash Javadekar are
focused on an ambitious and achievable target. India has significantly
increased its Copenhagen energy-intensity target. At the Copenhagen
climate summit in December 2009, India committed to reduce the emission
intensity of its GDP by 20-25 percent by 2020 compared to 2005 levels.
Following India's announcement today, NRDC's President Rhea Suh emphasized:
"India's
strong climate plan offers a comprehensive approach to curb the worst
impacts of climate change. Its commitment to renewable energy will pave
the way to sustainable economic growth that creates jobs, protects
natural resources, and provides cleaner air and water for Indian
citizens. India now has positioned itself as a global leader in clean
energy, and is poised to play an active and influential role in the
international climate negotiations this December."
As anticipated,
India and other developing countries did not indicate an absolute
reduction given the development and energy challenges, and rather
focused on growing low-carbon economies. The targets have a central
focus on clean energy development. Earlier this year, the Modi
government announced 2022 clean energy targets of 175 gigawatts (GW),
with 100 GW for solar, 60 GW for wind, 10 GW for biogas and 5 GW for
hydropower. Energy efficiency is another major program with significant
impact considering that the majority of India's infrastructure that will
exist by 2030 has yet to be built. Now is the time to prioritize energy
efficiency and lock in energy savings for decades to come.
Renewable
energy serves as the foundation for India's emissions reduction
strategy. Earlier this year, India expanded its National Solar Mission
(NSM) to aim for a target of 100 GW in installed solar energy capacity
by 2022, which is five times its previous target of 20 GW. India's solar
industry is rapidly expanding in pursuit of the NSM, with its total
installed capacity exceeding 4 GW in June, and another 1.7 GW expected by the end of the year.
India's
wind energy industry will also play a pivotal role in augmenting its
renewable energy capacity. India currently stands as the world's fifth
largest wind energy producer, with an installed capacity of over 22 GW. Through its proposed National Wind Mission (NWM), India is hoping to reach a wind energy capacity of 60 GW target by 2022.
India
is also taking action to reduce overall emissions intensity and improve
energy-efficiency through its National Mission for Enhanced
Energy-Efficiency. By 2017, all buildings will be required to comply
with India's Energy Building Conservation Code (ECBC),
which incorporates energy saving measures into building construction.
And while coal and other fossil fuels will continue to comprise a
substantial share of India's energy supply, the Government of India is
working to integrate energy-efficient practices throughout the
industries through the Perform, Achieve, and Trade (PAT) scheme.
To
grow the clean energy markets, India is seeking robust investment deals
to finance new energy sources. Prime Minister Modi set a solar
investment target of $100 billion by 2022
in order to achieve the updated solar installment target. To make clean
energy projects more attractive to investors, government officials have
been working to incentivize renewable energy investment and eliminate
investment barriers. These financing policy improvements have been
effective so far, contributing to a 59% increase in renewable energy investment
in 2015. The Indian government also quadrupled its tax on coal, now Rs.
200 / metric ton, to help fund renewable energy development.
For
India and other burgeoning economies, clean energy finance will prove
instrumental in accessing the clean technologies needed to power
renewable energy markets and meet India's climate target. As Environment Minister Prakash Javadekar stated, "If both finance and technology are provided, I think many countries can take more aggressive actions."
With
India's target, the path to a global agreement in Paris is clearer. To
truly solve climate change, the Paris agreement needs to ensure that the
targets are a minimum set of actions that drive even greater action.
For example, action under the Montreal Protocol to phase-out potent heat trapping gases called HFCs, would lead to even greater climate benefits in the short term.
The
Indian government's commitments to lower emission intensity continue to
build momentum leading up to Paris. But the environment and people's
health cannot be saved by national and international government action
alone. Local action by village, city and state leadership along with
businesses and financial institutions are critical to winning the fight
against global warming. As Mahatma Gandhi once said, "You may never know
what results come of your action, but if you do nothing there will be
no result."
http://www.theenergycollective.com/nrdcswitchboard/2278273/india-commits-accelerate-clean-energy-and-climate-action-clearing-path-paris
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