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Union Budget 2024 | India needs $1.4 trillion to turn net-zero economy by 2070It also said that mobilisation of finance as well as investment on competitive terms and resolution of land acquisition issues are necessary for realising the Rs 30.5 lakh crore investment required for meeting the target of having 500GW renewable energy in India by 2030.
Abhilash Reddy
Last Updated 23 July 2024, 04:30 IST
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Representative image of Indian economy growth.
Bengaluru: India requires an investment support of $1.4 trillion -- an average of $28 billion per year -- to become a net-zero economy by 2070. Raising financial resources for adaptation and mitigation action of this scale is an "unprecedented challenge", according to the Economic Survey 2023-24 tabled in Parliament on Monday.
Union Budget 2024 | India needs $1.4 trillion to turn net-zero economy by 2070It also said that mobilisation of finance as well as investment on competitive terms and resolution of land acquisition issues are necessary for realising the Rs 30.5 lakh crore investment required for meeting the target of having 500GW renewable energy in India by 2030.
Abhilash Reddy
Last Updated 23 July 2024, 04:30 IST
Follow Us
Representative image of Indian economy growth.
Bengaluru: India requires an investment support of $1.4 trillion -- an average of $28 billion per year -- to become a net-zero economy by 2070. Raising financial resources for adaptation and mitigation action of this scale is an "unprecedented challenge", according to the Economic Survey 2023-24 tabled in Parliament on Monday.
