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Searched Tag: decarbonisation

India faces USD 467 bn climate finance challenge by 2030.

Decarbonisation of key sectors to cost India $467 bn: Study

August 21, 2025, 06:30 PM - 5 min read

India will need to mobilise USD 467 billion in climate finance by 2030 to steer four of its most carbon-intensive sectors – power, steel, cement and transport – onto a low-carbon pathway, according to a new study released on Thursday.

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Decarbonisation will create millions of jobs in India, US Ambassador to the country Eric Garcetti said, as he made a case for faster adoption of greener pathways in Asia's third-largest economy.

US ambassador Garcetti foresees millions of green jobs for India, urges swift decarbonization action

March 27, 2024, 03:07 PM - 2 min read

By adopting decarbonising pathways, Garcetti said, India could add a millions of jobs in the next 20 years. "I guarantee you, the quicker we do this (decarbonising), the more job opportunities there will be. India will do it first and foremost, for herself," the US Ambassador stated.

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