India pledges 33-35 pct cut in carbon intensity by 2030 from 2005 levels.
- No “peak emissions” target or carbon market pledges and coal set to be dominating power sector in future.
- It would target 40 per cent cumulative installed power capacity from non-fossil fuel sources by 2030.
- China, the world’s biggest emitter, pledged to reduce its carbon intensity by 60-65 per cent by 2030, by carbon trading.
- India did not give a commitment in its submission to establishing carbon trading.
- India need to spend around $206 billion between 2015 and 2030 for actions in agriculture, forestry, infrastructure, ecosystems etc.