ANNOUNCEMENTS
Decarbonization strategies to limit climate change impact are an urgent need. The whole world is facing climate change impacts such as rising temperatures, melting glaciers, rising sea levels, changing weather patterns, and drought. These climatic impacts are affecting the health of humans and the environment. As a signatory country under the Paris Agreement, India has made significant strides in its climate commitments by updating its nationally determined contributions. In the conference of the parties (COP 26) India pledged to reduce the emission intensity of its Gross Domestic Production (GDP) by at least 45% from 2005 levels, a substantial increase from the previous target of 33%-35%. This ambitious goal underscores India's dedication to decoupling economic growth from Greenhouse Gas Emission (GHGs). Additionally, India is set to enhance its energy sector's sustainability by ensuring that at least 50% of its installed electricity generation capacity in 2030 will be based on non-fossil sources, up from the existing target of 40%. These enhanced commitments highlight India's proactive approach to addressing climate change and its role in the global effort to mitigate environmental impacts, along with India’s aim to reach net zero by 2070.
This study explores the identification of decarbonization policies in various energy end-use sectors in India. These sectors include industrial, agriculture, transport, commercial, and residential. This thesis involves a detailed examination of energy consumption patterns, emission sources, and sector-specific policies aimed at reducing carbon footprints.
Key findings highlight effectiveness of current policies and identify areas for improvement to enhance the decarbonization efforts. The study underscores the importance of technological innovation and behavioural changes in achieving climate goals. Additionally, it addresses the challenges and potential of implementing these policies. By integrating insights from these analyses, this thesis aims to contribute to the development of strong strategies to mitigate climate change and promote growth in India.
Keywords: Climate Change, Decarbonization, Emission, Energy, Polices.
