Global finance critical to India's climate actions: Economic Survey

'Enhanced initiatives' by developed countries must be in form of finance, technology transfer, capacity-building

The Economic Survey has a separate chapter on climate change for the second year straight, reiterating the central government’s focus on enhanced investment and aggressive targets for carbon mitigation and green growth.

The survey said India’s climate leadership dates back to the pre-Paris Agreement, citing eight missions announced in 2008 under the National Action Plan on Climate Change (NAPCC) by the then United Progressive Alliance (UPA) government.

The survey noted India has “one of the most robust climate actions through its Nationally Determined Contributions (NDC), which includes an ambitious programme for transitions to clean energy in the world.” Despite Covid-19