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Abstract

India is one of the major emitter of greenhouse gases, rice paddies and cattle being the largest sources of emissions. It is expected to rise steeply, as the country is very vulnerable to climate change. The country has pledged a 33-35% reduction in the emissions intensity of its economy by 2030 compared to 2005 levels. The country also aims to generate 40% of installed electricity capacity through renewable or nuclear power by 2030. The success of this commitment is heavily dependent on climate finance, technology and capacity building support from developed countries. By 2030, India will require at least $2.5tn from both domestic and international funds. Economic growth and increasing prosperity, coupled with factors such as rate of urbanization, rising per capita energy consumption, and a growing middle class are likely to push energy demand further in the country

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