India will stick to its global commitments on containing the climate crisis, seen most notably in its ambitious targets on clean energy transition to reduce its dependence on burning fossil fuels, according to Economic Survey 2022-23 tabled in Parliament on Tuesday.
“Climate change and the environment are not only hot-button issues globally but are critical to India realising its aspirations,” chief economic adviser V Anantha Nageswaran said in the preface to the economic report card of the government. “Hence, India currently spearheads 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.”
The transition, however, depends on adequate availability of climate finance, the survey said.