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India's climate goals are well documented; they include (a) achieving net zero by 2070,1 (b) reducing the emissions intensity of its gross domestic product (GDP) by 45 per cent by 2030 compared to 2005 levels, and (c) transitioning 50 per cent of the total installed capacity to non-fossil-fuel-based energy resources by 2030.2 India also aims to become energy independent by 2047.1 Green hydrogen can play a catalytic role in fulfilling these goals.

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The global net-zero transition involves various factors, including technology, climate-resilient infrastructure, and access to finance. UNCTAD estimates that financing the Sustainable Development Goals (SDGs) now requires USD 4 trillion annually, up from USD 2.5 trillion in 2015. The Global South faces financial challenges in reducing emissions, where thematic bonds could help bridge the financing gap.

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Remote vs. Onsite Software Developers: Which is Better for Your Project

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