MARKETS / COMPANIES / ECONOMYRSS edition ↗
Macro Ledger
Market News

India set to meet 2030 green goals, but UN issues a global warning

Benchmarks Nifty22,811.35-77.61FEATURED FUNDS★★★★★UTI Aggressive Hybrid Fund Regular Plan-Growth5Y Return8.7 % Invest NowFEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return18.39 % Invest NowEnter search…

India set to meet 2030 green goals, but UN issues a global warning
Benchmarks Nifty22,811.35-77.61FEATURED FUNDS★★★★★UTI Aggressive Hybrid Fund Regular Plan-Growth5Y Return8.7 % Invest NowFEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return18.39 % Invest NowEnter search text:
    The Economic Times daily newspaper is available online now. Read Today's Paper India set to meet 2030 green goals, but UN issues a global warningBy Urmi Goswami, ET BureauLast Updated: Oct 22, 2026, 05:30:00 AM ISTSynopsis

    India is expected to meet its 2030 and 2035 climate targets due to ambitious renewable energy initiatives. The UN report highlights the global emissions gap, which needs urgent addressing to limit warming. Current policies may lead to a temperature rise of 2.8 degrees Celsius, indicating insufficient global commitment. However, India's actions stand out, with projects such as the Carbon Credit Trading Scheme showing promise.

    New Delhi: India's aggressive renewable energy programme has helped the country break its emissions growth trend even as the world is set to miss its goal of limiting global warming to 1.5 degrees Celsius above pre-industrial levels, an United Nations report said on Wednesday.

    India is one of only six G20 countries that are likely to achieve their 2030 climate commitments, or nationally determined contributions (NDCs), with existing policies, according to the UN Environment Programme's Emissions Gap Report 2026, an annual assessment of progress in reducing emissions.

    Also Read: New policy in works to boost agrivoltaics in India; enhance farmers' income via energy generation

    However, the world, as a whole, needs to cut greenhouse gas emissions by at least 6% a year to minimise the extent and duration when the average global temperature rise exceeds the 1.5°C threshold, the report said.

    If countries continue with their current policies, global warming could reach 2.8°C within this century and increase thereafter, it warned. Even if every country delivered on their NDCs, the temperature increase would be about 2.6°C. "The emissions gap is now a leadership gap," UN Secretary-General Antonio Guterres said, urging countries to take immediate action to cut emissions.

    Live Events


        Miles to go"Overshoot is not surrender," Guterres said. "We can still keep it as small and as short as possible - and bring temperatures back below 1.5°C by the end of the century. The 2026 Emissions Gap Report shows us what it will take."

        Implementation Gap

        While countries' climate commitments have helped bend the emissions curve, they fall far short of what is required. Emissions need to fall 18% by 2030 and 45% by 2035, from 2025 levels, the report said.

        Current climate commitments would deliver only 5-8% reduction by 2030. The spike in the emissions gap is attributed to the withdrawal of the United States from the UN Framework Convention on Climate Change (UNFCCC) and Paris Agreement, revised estimates of historical emissions and negligible impact of the NDCs submitted since the 2025 assessment.

        The emissions projections for most G20 countries have not changed since last year's assessment, indicating little progress towards closing the 2030 implementation gap at the G20 level.

        India is an exception. While India's absolute emissions have increased, the country will meet its 2030 and 2035 targets under current policies, the report said.

        Also Read: India's power crunch deepens as 96 coal plants face fuel shortages

        Besides the renewable energy push, the report cited India's Carbon Credit Trading Scheme, which would initially cover over 700 MtCO2e of emissions, and the Pradhan Mantri Surya Ghar Muft Bijli Yojana that provides subsidies and collateral-free loans for rooftop solar panel installations.

        The Emissions Gap Report findings are likely to feature prominently at the COP31 climate talks in Turkiye next month. Discussions are expected to focus on efforts to accelerate emissions cuts and COP30 presidency Brazil's roadmap for transitioning away from fossils.

        COP31 president of negotiations Australia has appointed India's environment, forests and climate change minister Bhupender Yadav and Germany's environment, climate action, nature conservation and nuclear safety minister Carsten Schneider to facilitate the discussion for reduction in emissions.
        Add as a Reliable and Trusted News Source Add Now!
        (You can now subscribe to our Economic Times WhatsApp channel)
        Read More News onIndia climate goalsIndia emissions reductionrenewable energy Indiaglobal warming targetsUN Emissions Gap Report 2026G20 climate commitmentsgreenhouse gas emissionsCOP31 climate talks

        (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)

        ...moreless
        (You can now subscribe to our Economic Times WhatsApp channel)
        Read More News onIndia climate goalsIndia emissions reductionrenewable energy Indiaglobal warming targetsUN Emissions Gap Report 2026G20 climate commitmentsgreenhouse gas emissionsCOP31 climate talks

        (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)

        ...morelessContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories
        & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions &
        in-depth stock reportsSubscribe NowET

        Unlock Access to All Exclusives with ETPrime FREE TRIAL

        15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapers

        Trial offer expiring in00 : 05 : 00

        I'd rather pay ₹2599 now

        Uh-oh! This is an exclusive story available for selected readers only.

        Worry not. You’re just a step away.

        Prime Account Detected!

        It seems like you're already an ETPrime member with

        Login using your ET Prime credentials to enjoy all member benefits

        Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.

        Unlock ETPrime's Exclusive Stories Today!

        Big Price Drop! Flat 40% Off

        Student Only OfferAlready a Member? Sign In nowAlready a Member? Sign In nowAlready a Member? Sign In now

        Offer Exclusively For You

        Save up to Rs. 700/-

        ON ET PRIME MEMBERSHIP

        Avail Offer

        Offer Exclusively For You

        Get 1 Year Free

        With 1 and 2-Year ET prime membership

        Avail Offer

        Offer Exclusively For You

        Get 1 Year Free

        With 1 and 2-Year ET prime membership

        Avail Offer

        Offer Exclusively For You

        Get Flat 40% Off

        Then ₹ 1749 for 1 year

        Avail Offer

        Offer Exclusively For You

        ET Prime at ₹ 49 for 1 month

        Then ₹ 1749 for 1 year

        Avail Offer

        Special Offer

        Get flat 40% off on ETPrime

        Avail OfferAvail OfferClaim NowAlready a Member? Sign In now

        Need Assistance?

        Connect with an ETPrime expert for personalized support and guidance

        +91 9484700004'; }); } if(listing) { var h3 = "You tried reading " + listArr.length + " locked stories in the past " + threshold + " days.", h4 = "Become an ET Prime member and don't miss out on these exclusive stories."; var html = '

        ' + h3 + '

        ' + h4 + '

          ' + listing + '
        '; $('#paidSCWidget').html(html); var callback = $('#paidSCWidget').attr('data-callback'); if(callback && window[callback]) { window[callback](); } customDimension.dimension72 += ' | Shown SYFT no Trial_With Missed Paywalled Articles Collection'; } else { _processNormal() } } }); } else { _processNormal(); } } catch (e) { _processNormal(); } }, function () { _processNormal(); }); //console.log('storyCollectionLoad', $); }

        What’s Included with

        ETPrime Membership

        1Exclusive Insights That Matter

        Uncover the truth with our investigative stories

        Make strategic moves using the real-world case studies

        Read industry-specific stories to identify emerging trends

        Spot opportunities with
in-depth insights that matter

        • Trump temper on H-1B visas is forcing Indians to do these things to stay put in US

          What Adani’s US indictment means for India Inc’s overseas fundraising

        • Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.

          Will China’s dollar bond sale in Saudi Arabia trump the US in financial world?

        • Huawei launches its own OS to compete with Google and Apple. But can it win beyond China?

          The problem with lab grown diamonds

        • Why a falling rupee is a better option for the economy

          A list of top 20 momentum stocks that have delivered massive returns in one year

          2Invest Wisely With Smart Market Tools & Investment Ideas

          Alpha Trade

          Get daily trade ideas from SEBI-registered research analysts.

          Investment Ideas

          Grow your wealth with stock ideas & sectoral trends.

          Stock Reports Plus

          All-in-one stock research with Stock Score, peer comparison & key signals.

          BigBull Portfolio

          Get to know where the market bulls are investing to identify the right stocks.

          Stock Analyzer

          Check the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right stocks.

          Market Mood

          Analyze the market sentiments & identify the trend reversal for strategic decisions.

          Stock Talk Live at 9 AM Daily

          Ask your stock queries & get assured replies by ET appointed, SEBI registered experts.

          3Stay informed anytime, anywhere with ET ePaper

          ePaper - Print View

          Read the PDF version of ET newspaper. Download & access it offline anytime.

          ePaper - Digital View

          Read your daily newspaper in Digital View & get it delivered to your inbox everyday.

          Wealth Edition

          Manage your money efficiently with this weekly money management guide.

          TOI ePaper

          Read the PDF version of TOI newspaper. Download & access it offline anytime.

          Deep Explainers

          Explore the In-depth explanation of complex topics for everyday life decisions.

          Health+ Stories

          Get fitter with daily health insights committed to your well-being.

          Personal Finance+ Stories

          Manage your wealth better with in-depth insights & updates on finance.

          5Enjoy Complimentary Subscriptions From Top Brands

          Stream new documentaries from all across the world every day.

          Stories you might be interested in

            Source: Economic Times — Industry ↗

            Figures reflect the source report and its stated period. This article is for information and is not investment advice.