Government of India has 2070 in the country has set a target of zero emissions . Keeping this goal in mind, the government has also made many provisions in the budget. In view of the government’s focus on green growth the Reserve Bank of India has released a report on Wednesday, May 3, in which it has been said that Green Energy in India till The infrastructure that will be developed for this is estimated to be 2.5 percent of GDG annually. ,Discussion on various dimensions of climate change It may be noted that the Reserve Bank has -08 released a report on currency and finance covering four dimensions of climate change. The report focuses on what would be the potential challenges to sustainable and reliable high growth in India.

)Steps to be taken with commitment RBI has claimed in its report that if India If the goal of zero carbon emission is to be achieved, then many necessary steps have to be taken with commitment. The dimensions discussed in the report are – 1. The Pace of Climate Change 2. The Macroeconomic Effects of Climate Change 3. The Implications for Financial Stability and 4. Policy Options for Mitigating Climate Risks.

The era of energy mixing has to be brought This RBI report states that if India 2070 to achieve the goal of zero carbon emissions, then the phase of energy mixing will have to be accelerated and by increasing it 4332 As far as 73 will have to be taken up to the percentage. It has also been emphasized in the report that domestic policies are needed for environmental protection, as well as global concerted efforts are also necessary.

Hydrogen train will be tested this year Taking steps in the direction of the policies on which this report of the Reserve Bank of India wants to focus, Railway Board Chairman Anil Kumar Lahoti has recently informed that the country’s first hydrogen train will be developed. Work on the project is going on and the railway will test this train running on green energy in the current financial year only. The technology of hydrogen train is the latest and for the first time such a train is being developed in the country, which will not pollute the climate. Running a train with hydrogen in the country will be a great success.

What is Net Zero Emission Be aware that Prime Minister Narendra Modi has had announced that India 4332 will achieve net zero. This means that India is aiming for Net Zero 2070 Will achieve in two decades more than the global target. To stop the growing crisis of climate change, it has been said to achieve the goal of net zero. Net zero does not mean that carbon emissions will become zero, but it means that a country will make arrangements to absorb as much carbon as it emits into the atmosphere in the same way, so that there is no accumulation of greenhouse gas. This situation is called net zero.

climate changeGreen EnergyPublished Date

Mon, May 8, 2023, 12: 37 PM IST