The Union Budget of 2022-23 promises to take issues of sustainability and climate change seriously. And indeed, its framing on these issues is promising and forward looking. A look below the hood of the budget, however, presents, in practice, a far more mixed picture.
Read MoreIn India, a focus on development pathways requires three steps: sectoral transition plans for key areas of the economy; strong institutions for climate governance; and economy-wide targets that emphasise near-term actions.
Read MoreThere is a real risk net-zero by 2050 will be a hollow pledge that will only serve diplomatic needs, but do little to actually shift India’s emissions future. Instead, India needs a path that shows how a focus on opportunities for low-carbon development is more likely, in practice, to deliver emissions reductions than abstract future 2050 pledges.
Read MoreTo tackle climate change, not only does India need to pivot into a low-carbon future, it also needs to step up as a leader of climate-vulnerable countries.
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