Note4Students
From UPSC perspective, the following things are important :
Mains level: Sustainable Development; Green Economy;
Why in the News?
The Economic Survey (2023-24) claims that India has managed to grow its economy without significantly increasing its greenhouse gas emissions. This claim has sparked the debate about actual sustainable growth in India.
What does the Economic Survey (2023-24) say about GHG emissions?
- Relative Decoupling Achieved: Between 2005 and 2019, India’s GDP grew at a 7% CAGR, while GHG emissions increased by 4%.
- Emission Intensity Reduction: India reduced emission intensity by 33% from 2005 levels, achieving its 2030 NDC target 11 years early.
- Carbon Sink Expansion: India aims to add a 2.5–3 billion tonne carbon sink by 2030, building on the 1.97 billion tonnes achieved (2005–2019).
- Investment Needs: Achieving NDC targets requires $2.5 trillion by 2030, with a focus on domestic resources, affordable finance, and technology access.
Has India decoupled its economic growth from GHG emissions?
- Arguments against decoupling:
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- The Economic Survey does not clarify whether the observed decoupling is absolute (declining emissions with GDP growth) or relative (emissions rising slower than GDP).
- India has achieved economy-wide relative decoupling since 1990, with GDP growing six-fold while GHG emissions have only tripled. However, absolute decoupling has not been achieved, as emissions continue to rise.
- Agriculture and manufacturing, major contributors to India’s GHG emissions, require detailed sectoral analysis.
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- Argument in favour of decoupling:
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- The Economic Survey indicates that between 2005 and 2019, India’s GDP grew at a compound annual growth rate (CAGR) of approximately 7%, while GHG emissions grew at a CAGR of only 4%.
- India has successfully reduced its emission intensity by 33% from 2005 levels, achieving its initial Nationally Determined Contribution (NDC) target for 2030 eleven years ahead of schedule. This reduction indicates that India is managing to grow economically while lowering the emissions per unit of GDP.
- India is on track to create an additional carbon sink of 2.5 to 3.0 billion tonnes (installed electricity generation capacity reaching 45.4% by May 2024) through tree and forest cover by 2030, building on a carbon sink of 1.97 billion tonnes established from 2005 to 2019.
What are the steps taken by the Government?The Economic Survey 2023-24 outlines several key steps taken by the Indian government to address greenhouse gas (GHG) emissions and promote sustainable development:
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What efforts must be continued by India? (Way forward)
- Pursuit of Absolute Decoupling: To achieve long-term climate commitments and sustainability goals, India must strive toward absolute decoupling, where economic growth continues alongside a reduction in emissions.
- This requires comprehensive policies focused on renewable energy adoption, emission mitigation strategies, and sustainable development initiatives.
- Investment in Renewable Energy and Climate Resilience: Continued efforts are necessary to enhance investments in renewable energy sources and technologies, alongside measures to improve energy efficiency and reduce reliance on fossil fuels.
Mains PYQ:
Q Describe the major outcomes of the 26th session of the Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC). What are the commitments made by India in this conference? (UPSC IAS/2021)
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