India unveils climate target to cut energy intensity

Reuters News
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Posted: Oct 01, 2015 9:56 PM

(Reuters) - India has unveiled a target to cut emissions intensity of its GDP by 33-35 percent by 2030 from 2005 levels, according to a submission to the United Nations.

India also said it was aiming for 40 percent cumulative installed power capacity from non-fossil fuel sources by 2030.

Preliminary estimates indicate that India would need to spend around $206 billion between 2015 and 2030 for implementing adaptation actions in agriculture, forestry, fisheries infrastructure, water resources and ecosystems, said the submission.

(Reporting by Ed Davies; Editing by Mark Bendeich)