The Global Climate Budget 2022, released at The 2022 United Nations Climate Change Conference or COP27, indicates that India will record a higher rise in carbon emissions this year than other major countries. As per the report, India’s carbon dioxide emissions are expected to rise 6 per cent in 2022 compared to last year, while the US is expected to witness a 1.5 per cent increase. The European Union and China, on the other hand, would witness a decline (chart 1).
While the short-term outlook may seem gloomy, India is expected to perform better in the medium term. The Emissions

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