AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

NEW DELHI: India’s greenhouse emissions rate dropped by a faster-than-expected 33% in 14 years as renewable energy generation rose and forest cover increased, according to two officials privy to latest assessment made for submission to the United Nations.

The report’s findings showed India well on the way to meeting a commitment to the United Nations Convention on Climate Change (UNFCCC), to reduce emissions intensity by 45% from the 2005 level by 2030.

India’s rate of emissions intensity - the total amount of greenhouse gas emissions emitted for every unit increase of gross domestic product (GDP) - fell by 33% from 2005 to 2019, officials privy to the preparations of the Third National Communication (TNC) report said.

Many countries are preparing their TNC reports to update the UNFCCC on their efforts to mitigate emissions. India’s average rate of reduction in emissions increased to 3% annually in the period 2016-2019, from just about 1.5% in the period 2014-2016.

It was the fastest reduction so far, and was largely attributable to the government’s push towards renewables, even as fossil fuel continues to dominate the energy mix.

“There is continuous reduction in the emission intensity of the Indian economy, which shows the country has been able to completely decouple its economic growth from greenhouse gas emissions,” one official, who declined to be named, told Reuters.

The progress made on reducing emissions intensity should help India avert pressure by developed nations to stop using coal, the second official said.

This official said a substantial increase in forest cover and schemes promoting non-fossil generation and targeting emissions in industrial, automotive and energy sectors has led to the sharp reduction in India’s emissions intensity.

As of 2019, forests and trees covered 24.56%, or 80.73 million hectares, of India.

Recently, India has also been trying to promote green hydrogen, manufactured by splitting water molecules using renewable energy.

A third official said the report is yet to be ratified by the federal cabinet.

India’s environment ministry did not respond to queries sent on Monday by Reuters.

Central Electricity Authority data shows that non-fossil fuel-based power - including hydro, nuclear and renewable energy - accounted for 25.3% of India’s total power generation in the fiscal year that ended in March, up from 24.6% three years earlier.

Thermal power stations still provide 73% of the electricity consumed, down from about 75% in 2019.

The Group of 20 (G20) major economies failed twice last month to agree on phasing out the use of fossil fuels and on setting concrete targets to cut emissions.

Developing countries including India are resisting higher emission reduction targets, arguing that industrialised nations unfettered use of fossil fuels have depleted resources.

Comments

Comments are closed.