To date, decarbonisation pathways analyses in India have focused on energy and technology transitions. This analysis for Asia Society Policy Institute complements the literature and supports policymakers by shedding light on socioeconomic opportunities, trade-offs and policy implications from different pathways for India towards net zero emissions.
The results show that the most ambitious decarbonisation pathway could boost India’s GDP by up to 7.3% and create up to 20m additional jobs. However, a large amount of investment will be required and there will be winners and losers.
This report provides economic analysis to support the high-level Policy Commission of Asia Society Policy Institute in providing guidance and advice to India on the net zero transition.
The analysis aims to identify the impacts and benefits of decarbonisation under different policy combinations and ambition levels, as well as the potential synergies and/or trade-offs between decarbonisation and development goals.