COP27: To decarbonise by 2050, India needs investments of at least $7 trn

Even as the latest edition of the United Nations Climate Change Conference draws to a close in Egypt, India’s quest to decarbonise its economy rests on a “trishul” (trident) strategy — power, industry and agriculture are the three prongs that together accounted for 80 per cent of the country’s 3,274 million tonnes of carbon dioxide equivalent (MtCo2e) in emissions in pre-pandemic 2019.

And India’s progress towards net zero by 2070 will depend on how successful it is in facilitating an orderly transition to a clean economy by addressing these key areas, said management consultant McKinsey in its latest report.

Cleaning