India Joins Global Climate Accord
In June 2025, India formally joined the Global Climate Pact at COP30 in Nairobi pledging net zero by 2070, a 50% renewable energy target by 2040, and doubling green energy investments over the next decade.
Ambitions & Commitments
Accelerate solar and wind capacity to 650 GW by 2040.
Increase national carbon market coverage from 20% to 45% GDP.
Launch a Green Fund with $10 billion for adaptation, sustainable agriculture, coastal resilience.
Domestic Context
These goals complement India’s NEP, biomass missions, and EV push. It signals a boost to Make in India cleantech business ramps, while aligning pledges with global climate trends.
Strategic Outcomes
India’s formal entry, as a global south leader, enhances its global negotiating leverage. Companies in energy, infrastructure, and finance sectors gain clarity for long term sustainable projects.
Challenges & Next Steps
Bridging to execution will require debt financing, policy clarity around carbon pricing, and capacity building at the state level. Monitoring phasing out of coal and mining transition will be central.

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