India-G7 JETP stuck over coal, Centre's insistence on own transition plan
05 Dec 2022
RE,
tech transfer & green jobs on India's agenda, Germany & the US to
co-lead the negotiations
According to India's updated NDC submitted this August, 50 per
cent of its installed electric power capacity will come from non-fossil sources
by 2030.
Global
efforts to bring India on board the Just Energy Transition Partnership (JETP)
with G7 nations had failed to move forward, as
the Centre has refused to put 'coal phase-out' on the negotiation table
and wants to design its own “transition plan”. Germany and the US are the two G7 nations that are co-leading the
negotiations with India to join JETP, said sources.