India expected to see faster progress towards clean energy economy: Report

At least three of the four top emitters of greenhouse gases — China, the EU and India — are expected to see faster progress towards a clean energy economy than they have set out in national plans or NDCs, according to a new analysis released on Monday, coinciding with the UN climate summit in Egypt.

According to “Global Carbon Budget Report 2022”, the top four CO2 emitters in 2021 were China (31 per cent), the US (14 per cent), the European Union (8 per cent) and India (7 per cent).

The report, “Big Four: Are major emitters downplaying their climate and clean energy progress?”, by the UK-based Energy and Climate Intelligence Unit, suggests interconnected global crises and market mechanisms are driving the shift towards electric vehicles,