Chapter 6: Climate Change and Energy Transition: Dealing with Trade-Offs
- The International Finance Corporation recognizes India as the only G20 nation on track for 2-degree centigrade warming.
- India has made significant progress in climate action with increased renewable energy capacity and improved energy efficiency.
- As of 31 May 2024, non-fossil sources constitute 45.4% of installed electricity generation capacity.
- India reduced the emission intensity of its GDP by 33% from 2005 levels by 2019.
- From 2005 to 2019, India's GDP grew at a 7% CAGR, while emissions grew at a 4% CAGR.
- The Government has launched several clean coal initiatives, including the Coal Gasification Mission.
- Annual energy savings of 51 million tonnes of oil equivalent result ....
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Survey
- 1 Chapter 1: State of the Economy – Steady as She Goes
- 2 Chapter 2: Monetary Management and Financial Intermediation- Stability is the Watchword
- 3 Chapter 3: Prices and Inflation - Under Control
- 4 Chapter 4: External Sector - Stability amid Plenty
- 5 Chapter 5: Medium-Term Outlook – A Growth Strategy for New India
- 6 Chapter 7: Social Sector - Benefits that Empower
- 7 Chapter 8: Employment and Skill Development: Towards Quality
- 8 Chapter 9: Agriculture and Food Management – Plenty of Upside Left If We Get It Right
- 9 Chapter 10: Industry - Small and Medium Matters
- 10 Chapter 11: Services - Fuelling Growth Opportunities