As India looks set for a third Lok Sabha term under the leadership of Prime Minister Narendra Modi, the nation is poised to solidify its status as a global climate leader. India’s rising role in global environmental stewardship will be driven by the PM’s visionary ‘Panchamrit’ strategy. This initiative, combined with India’s impressive climate action, can set a benchmark for the world in sustainable development and innovative solutions.
The Panchamrit vision: This is central to Modi 3.0’s climate strategy and outlines five key elements that will drive India’s climate policies and set global standards. The vision includes reaching 500GW of non-fossil energy capacity, sourcing 50% of India’s energy requirements from renewable sources and reducing projected carbon emissions by 1 billion tonnes and decreasing the carbon intensity of the economy by 45% over the 2005 level, all by 2030, apart from achieving net-zero emissions by 2070. These targets underscore India’s commitment to climate action.
Major determinants and actions: India faces unique challenges and opportunities, as environmental sustainability must be balanced with economic development. The country’s climate actions are science-driven and evidence-based. New Delhi has initiated several international forums for climate action, including the International Solar Alliance (ISA) and Coalition for Disaster Resilient Infrastructure (CDRI), both of which show how India has rallied other countries for the cause.
The country is also advocating a global alliance on biofuels among G20 nations to accelerate the world’s energy transition. This initiative mirrors the ISA, which aims to make clean and affordable solar energy accessible to all. The Global Biofuels Alliance (GBA),
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