Entrepreneurship News and Headlines

India Needs $22.7T Investment to Achieve Net Zero Target by 2070: Niti Study

India’s Niti Aayog study estimates that achieving net‑zero emissions by 2070 will require $22.7 trillion in cumulative investment, roughly $500 billion annually. Current clean‑energy spending is about $70‑80 billion, leaving a financing gap of $6.5 trillion that must be largely met by foreign capital, which could account for 42% of total needs by 2070. The report highlights that $8 trillion of the required funds must be front‑loaded by 2050, with $5 trillion earmarked for the power sector. Despite the massive outlay, the study projects India’s GDP to reach $30 trillion by 2047, indicating limited impact on long‑term growth.