India will need investments totalling $22.7 trillion to reduce greenhouse gas emissions and achieve the net zero target by 2070, a Niti Aayog study said.On an annualised basis, this cumulative requirement translates into average flows of approximately $500 billion per year, compared with actual annual investment of around $135 billion in 2024, of which only $70–80 billion currently supports clean energy, said the Niti Aayog’s study report on ‘Scenarios Towards Viksit Bharat and Net Zero: An Overview’.Of the total, approximately $8 trillion must be front-loaded by 2050, including nearly $5 trillion in the power sector, given the capital-intensive nature of most low-carbon technologies.The Net Zero Scenario reflects an ambitious pathway aligned with India’s commitment to achieve net zero GHG emissions by 2070.With coordinated domestic and external reforms, India could credibly mobilise around $16.2 trillion towards its net zero transition by 2070 through a structural expansion in the scale, depth and efficiency of available capital, the study said.Domestically, this entails deepening the corporate bond market, increasing the financialisation of household savings, and enabling institutional investors to invest in new areas, while safeguarding returns through diversified, high-quality corporate and green assets, the study said.Externally, scaling FDI (foreign direct investment) and FPI (foreign… Read MoreYourStory RSS Feed
