Need of Net zero Delhi, India Vienna, Austria India’s Initiative For Net carbon Zero Phasing out coal • The Indian government has announced plans to phase out coal-fired power plants by 2070. •These steps include investing in renewable energy, promoting energy efficiency, and phasing out coal. International Solar Alliance •The International Solar Alliance (ISA) is an intergovernmental organization of more than 100 countries that lie between the Tropic of Cancer and the Tropic of Capricorn. •The ISA's mission is to promote the use of solar energy to achieve energy access, energy security, and climate action in its member countries Perform Achieve & Trade (PAT Scheme) •Helped to reduce India's energy consumption by 92 million tons of CO2 since 2012. •Designated consumers (DCs) in energy intensive sectors are given specific energy consumption (SEC) reduction targets. •DCs that achieve their targets are awarded energy saving certificates (ESCerts). •ESCerts can be traded with other DCs that have not achieved their targets. India’s Initiative For Net carbon Zero ● ● ● ● The National Green Hydrogen Mission: The National Green Hydrogen Mission is a government initiative to make India a global hub for the production, usage, and export of green hydrogen. The mission aims to achieve this by supporting the development of electrolysers, renewable energy sources, and infrastructure for the production and use of green hydrogen PM-KUSUM (Pradhan Mantri-Kisan Urja Suraksha evam Utthaan Mahabhiyan : PM-KUSUM is a government of India scheme to promote solar, wind, and biomass energy in the agriculture sector.The scheme provides subsidies for the installation of solar pumps, grid-connected renewable energy plants, and solarization of grid-connected agriculture pumps.PM-KUSUM aims to make agriculture in India more sustainable and energy efficient. Energy conservation Amendment Bill 2022: The Energy Conservation (Amendment) Act, 2022 mandates non-fossil use by designated consumers.It also introduces carbon trading and expands the scope of the Energy Conservation Code for buildings.The Act is a major step forward in India's efforts to promote energy efficiency and conservation Faster Adoption and Manufacturing of Electric Vehicles: The FAME scheme is a government of India initiative to promote the adoption of electric vehicles (EVs).The scheme provides subsidies for the purchase of EVs and for setting up charging infrastructure.The scheme aims to make EVs more affordable and accessible to Indian consumers India’s Initiative For Net carbon Zero Sustainable Alternative Towards Affordable Transportation (SATAT) initiative National Policy on Biofuels and Ethanol Blended Petrol (EBP) Programme India’s Industrial Deep Decarbonisation Initiative – steel and cement sector Challenges To Achieve Net Zero Emissions 1. Coal Dependency 2. Urbanization and Industrialization 3. Social Challenges Solutions 1.Promote energy efficiency 2. public awareness 3. Invest in Renewable Energy Sources Road Map: The road is long and challenging but not impossible Increasing non-fossil energy capacity to 500 Gigawatts (GWs) - By 2030, Fulfilling 50% of energy requirements from renewable sources. - By 2030 Reducing carbon intensity of economy by 45% - By 2030 Reducing total projected carbon emissions by One billion tonnes - By 2030 1) 2) FAME with budget of Rs.2,908 Cr. Rs. 19,500 Cr for under PLI for Solar PV modules manufacturing and so on.. Goal - Net zero carbon emissions by 2070 Conclusion 🌟 India's resolute commitment to achieve carbon neutrality by 2070 stands as a beacon of hope in the global fight against climate change. 🚀 With innovative solutions, collaborative efforts, and a just transition, India charts a course towards a greener, more equitable future. 🌱 This journey is a catalyst for green growth, offering economic opportunities while safeguarding our environment. 🔍 Continuous adaptation and global inspiration will guide India's strides towards a sustainable tomorrow. 🌍 Let's unite in support of India's vision, forging a path to a cleaner and brighter world for generations to come. India's on a carbon-cutting spree – making emissions disappear like magic, and turning the planet's frown upside down!