net-zero

GEM report highlights India's coal-dependent steel sector as a major hurdle to its net-zero goal by 2070. With rising emissions and outdated methods, $187B in stranded assets is at risk unless India prioritizes green steel and decarbonization efforts

As per the recent report by the global think tank Ember, India is on a trajectory to more than triple its renewable energy capacity by 2030 as outlined in the country’s 14th National Electricity Plan (NEP14).

More than 800 million jobs, about a quarter of the global workforce, are highly vulnerable to being affected by climate change, from extreme weather conditions to the impacts of the transition to a low-carbon economy, according to the report.