India has decided not to revise its climate targets under the Paris Agreement for now, as the updated Nationally Determined Contributions (NDCs) are still under preparation. The decision follows dissatisfaction with the COP29 climate finance deal, which India and other developing nations criticized as insufficient.

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• India has not submitted an updated climate target (NDC) by the UN deadline.
• COP29 summit in Baku saw rich nations pledge $300 billion a year for climate finance until 2035.
• Indian negotiator Chandni Raina called the amount “paltry” and inadequate for real climate action.
• India is the world’s third-largest polluter but is increasing investments in clean energy.
• Fossil fuels still dominate India’s energy mix, with renewables making up only 2%.
• Current pledge: Reduce emission intensity by 45% by 2030 (compared to 2005 levels).
• India aims to generate 50% of its electricity from non-fossil fuel sources by 2030.
• Climate Action Tracker estimates India needs a 68% emissions reduction to meet global warming limits.
• India targets carbon neutrality by 2070 but requires $12.4 trillion in foreign investments to achieve it.
• PM Modi has linked India’s climate action progress to the availability of international funding.