Published: 22nd Sep, 2021
Context
The US and the EU made a joint pledge to cut global methane emissions by almost a third in the next decade.
Key-highlights of the Pact
- The pact between the US and the EU sets a target of cutting at least 30% from global methane emissions, based on 2020 levels, by 2030.
- If adopted around the world, this would reduce global heating by 0.2C by the 2040s, compared with likely temperature rises by then.
- The world is now about 1.2C hotter now than in pre-industrial times.
Steps taken by India to reduce emissions
- India has announced a renewable energy capacity goal of 450 GW by 2030.
- Indian Railways has committed to achieving ‘net zero’ emissions by that year.
- However, India as a whole has not committed to a time frame for reaching that target.
- Some 130 countries are considering a net zero emissions target by 2050.
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