Ahead of the climate change summit in Paris later this year, India has pledged to curb its greenhouse gas emissions by up to 35 per cent from the 2005 level.
In its Intended Nationally Determined Contribution, INDC submitted to the United Nations Framework Convention on Climate Change, UNFCCC last night, India announced that it aims at achieving around 40 per cent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030.
In the 38-page document uploaded on the UNFCC website, India said that it would need, as per preliminary estimates, around 206 billion US dollars between 2015 and 2030 for implementing adaptation actions in agriculture, forestry, fisheries infrastructure, water resources and ecosystems.
Noting that mitigation requirements are even more enormous for the country, India referred to an estimate given by NITI Aayog saying that the mitigation activities for moderate low carbon development would cost around 834 billion dollars till 2030.
Environment Minister Prakash Javadekar is scheduled to announce the action plan to fight adverse effects of climate change today, coinciding with the birth anniversary of Mahatma Gandhi.
Each of the 192 countries are expected to submit their INDCs ahead of a climate change conference in Paris where the nations hope to finalise a global pact to curb greenhouse gas emissions sufficiently to prevent temperatures from rising beyond 2 degrees Celsius during this century.