India’s Net Zero emissions by 2070 Goal: Unlocking Green Growth for a Sustainable Future

At the COP26 climate summit in Glasgow, India made a historic announcement that redefined its national trajectory: the "Panchamrit" (Five Nectars) strategy. This ambitious roadmap isn't just a set of environmental targets; it is a fundamental policy shift toward deep decarbonization across the entire Indian economy.

To achieve the ultimate goal of India’s Net Zero emissions by 2070, India has set rigorous milestones for the next decade:

The Five Pillars of Transformation

• Carbon Intensity: Reduce the carbon intensity of the economy by 45% by 2030 (from 2005 levels).

• Emissions Reduction: Slashing total projected carbon emissions by one billion tonnes by 2030.

• Non-Fossil Energy: Increasing non-fossil energy capacity to 500 GW.

• Renewable Reliance: Meeting 50% of all energy requirements from renewable sources by 2030.

  
  

What This Signals to the World

This commitment sends a powerful message to global investors and industries: India is serious about tackling climate change. By activating key pillars, such as boosting renewable energy, enhancing efficiency, and accelerating e-mobility, the nation is signaling a permanent transition toward a sustainable future.

Unlocking Opportunities: From Pledge to Progress

Achieving India’s Net Zero emissions by 2070, requires monumental shifts, which in turn create massive demand for innovative solutions. We are seeing a surge in "Green Growth" across several key opportunity areas:

• Renewable Energy & Efficiency: Decentralizing power and optimizing how we use it.

• E-Mobility: Accelerating the shift to electric vehicles and infrastructure.

• Nature-Based Solutions: Protecting and restoring ecosystems to act as carbon sinks.

• Sustainable Waste Management: Turning waste into resources within a circular economy.

  
  

The Domestic Carbon Market: A Catalyst for Business

A crucial component of this journey is the development of India's domestic Carbon Credit Trading Scheme (CCTS). This market creates a unique ecosystem where:

• Sellers: Companies undertaking verified emission reduction or removal projects can gener

  ate and sell carbon credits, creating entirely new revenue streams.

• Buyers: Entities facing compliance obligations or seeking voluntary offsets can purchase these domestic credits to align with the Net Zero trajectory.

As Indian companies begin to align their business strategies with these national goals, the demand for high-quality, local carbon projects will only continue to skyrocket.

At C², we are here to help you navigate this transition. Whether you are looking to generate credits through green projects or need to source domestic offsets for your business, we bridge the gap between national commitment and corporate action.