India has been lauded for the ambitious targets she has
set for herself in the Intended Nationally Determined
Contributions (INDCs) that the Government of India put
forward at the recently concluded Paris COP 21 (Conference
of Parties) of the Climate Convention. The relevant
voluntary and self-determined targets that India has indicated
are: (1) ‘To reduce the emissions intensity of its
GDP by 33 to 35 per cent by 2030 from 2005 level.’
Emission intensity is defined as tonnes of CO2 generated
per unit of GDP corrected for purchasing power parity.
(2) ‘To achieve about 40% cumulative electric power
installed capacity from non-fossil fuel based energy resources
by 2030 with the help of transfer of technology
and low cost international finance including from Green
Climate Fund.