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India’s HDI is 0.64, placing it at a rank of 130 among 189 countries. Despite being one of the fastest growing economies of the world, nearly 12 % of the households still do not have access to basic services like clean water and 52% of the households live in mud or semi- concrete houses. Even in 2011/12, 52 % households used firewood for cooking.
Need for emission mitigation:
The world would require rapid and far reaching transitions at the global as well as national levels. Therefore it is clear that while rapid and inclusive development is clearly an overriding priority for the country on one hand, the global responsibility and pressure on India to grow sustainably is also significant as the urgency to address climate change issues is assuming increasing importance globally.
What makes India’s current energy transition unique?
Given the global urgency to tackle climate change, following the Paris Agreement in 2015, India had set out its Nationally Determined Contribution (NDC) targets for 2030, which broadly have three main targets,
Challenges:
Conclusion:
On the one hand, India’s energy transition story needs to address the technology development perspective which calls for enhanced and accelerated efforts to increase the uptake of clean and efficient energy substitutes, processes, and end-use equipment, such that the country does not lock itself into large stocks of inefficient equipment and infrastructure. At the same time, India needs to address the social development perspective wherein it needs to enable a higher standard of living for all the citizens by growing at a relatively higher pace and in a more inclusive way, ensure access to clean and modern energy forms in a reliable and affordable manner for all sections of society, doubling of farm incomes, creation of job opportunities through strengthening of industrial base etc. India must undertake an integrated and holistic approach to use innovative business models and dynamic decision making to address the multiple challenges at the policy and institutional levels or those posed by socio-cultural and market barriers, in order to successfully convert the challenges into opportunities for inclusive growth.
By: DATTA DINKAR CHAVAN ProfileResourcesReport error
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