COP 26 I Climate Series - The Dream Seems Too Big, But The Journey, Rewarding: ICRA

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICRA Research Report.India’s emission control commitments at the recently concluded COP26 summit has laid down an ambitious outlook for investments across sectors. We analyse India’s commitment in two phases – up to 2030, and the net zero target for 2070.India, being a developing country, is at an inflection point in terms of its energy consumption. While India’s per capita consumption is expected to surge three to four times over the long term, it has parellelly committed to reduce GHG emissions by one billion million tonne by 2030. India has additionally committed to a net zero carbon emission target by 2070, by when the per capita energy consumption would have surged multifold from the current levels. This, we believe, is a daunting task, and would need massive policy interventions to ensure investments across renewable energy, carbon capture, energy efficiency, electric vehicle adoption, etc. for it to remain profitable enough to sustain well beyond 2030..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

COP 26 I Climate Series - The Dream Seems Too Big, But The Journey, Rewarding: ICRA

COP 26 I Climate Series - The Dream Seems Too Big, But The Journey, Rewarding: ICRA

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