Decarbonization and Net Zero Goals
This blog highlights the urgent need for strong public policy and financial support in India to align two of the country’s largest CO2-emitting industrial sectors with long-term, low-carbon pathways.
The brief highlights six necessary elements that every climate transition plan should address for a credible transition plan.
The blizzard of announcements and events from COP26 can be challenging to parse.
A thorough tracking and analysis of public commitments to address climate change from more than 350 private financial actors across four financial sectors (asset owner, asset manager, commercial bank, insurer).
Indonesia is preparing a carbon tax to cut down emissions and free up funds for climate action. But a carbon tax on coal and fuels will not affect buyers as the cost is kept artificially low by government subsidies. To achieve its goal, the carbon tax should open a wider opportunity for Indonesia to refocus its state budget, and phase out its fossil-fuel subsidies. This blog highlights the key elements for the carbon tax to launch successfully.
India’s commitments under the 2015 Paris climate agreement, which aims to limit global warming to well below 2° Celsius relative to pre-industrial levels, include three quantifiable objectives. By 2030, the country aims to reduce the emissions intensity of its GDP by 33-35%.