India faces GDP loss of up to 24.7% by 2070 due to climate change: EU official

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India could look   a imaginable   GDP nonaccomplishment   of up   to 24.7% by 2070 owed  to clime  change. File

India could look a imaginable GDP nonaccomplishment of up to 24.7% by 2070 owed to clime change. File | Photo Credit: Reuters

India could look a imaginable GDP nonaccomplishment of up to 24.7% by 2070 owed to clime change, highlighting the request for contiguous and corporate action, said Dr Ewa Suwara, Deputy Head of Delegation, European Union to India, while speaking astatine Renewable Energy India (REI) Expo & The Battery Show India (TBSI) 2025. 

“In this context, greenish vigor and cleanable industries are not simply options but imperatives for a sustainable future. The European Union profoundly values its concern with India, particularly arsenic some regions basal committed to advancing clime resilience, fostering innovation, and ensuring that ambition is matched by action,” she said.

“Together, done strategical collaboration and shared vision, we tin span the spread betwixt argumentation and progress,” she added.

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Speaking astatine the lawsuit Dr. Philipp Ackermann, Ambassador of Germany to India, said, “Under the Green and Sustainable Development Partnership signed successful 2022 betwixt the Indian Prime Minister and the German Chancellor, Germany remains a steadfast spouse successful advancing renewable vigor successful India.” 

“Our backstage assemblage brings cutting-edge technologies and expertise successful solar, wind, bioenergy, storage, and greenish hydrogen, portion Indian enterprises lend standard and dynamism,” helium said.

“Together, done initiatives specified arsenic the recently established India-German Solar and Wind Energy Working Groups, we purpose to physique associated manufacturing capacities, mobilise greenish capital, and make a globally skilled workforce that drives sustainable maturation and vigor security,” helium added.

Yogesh Mudras, Managing Director, Informa Markets successful India, the organisers of the event, said, “India’s cleanable vigor modulation is accelerating faster than ever, with renewable capableness surpassing 250 GW successful 2025 and a beardown pipeline targeting 500 GW by 2030.” 

“The Ministry of Power has approved a ₹5,400 crore Viability Gap Funding (VGF) strategy for 30 GWh of Battery Energy Storage Systems (BESS), successful summation to 13.2 GWh already underway, which is expected to pull ₹33,000 crore successful investments by 2028,” helium said.  

Stating that India has already achieved 127 GW of installed star capableness and is progressing steadily toward the 500 GW non-fossil vigor people by 2030 Dr. Vibha Dhawan, Director General, The Energy and Resources Institute (TERI), said the authorities is fostering a beardown home worth concatenation done initiatives specified arsenic the National Green Hydrogen Mission, PLI strategy for star and artillery manufacturing, and National Manufacturing Mission.  

“At TERI, decades of research, capableness building, and partnerships person been directed toward unlocking India’s estimated 10,800 GW star imaginable and advancing agri-photovoltaic models that thrust agrarian growth. The absorption present indispensable displacement toward viewing sustainability arsenic a strategical enabler of concern competitiveness and inclusive development,” she said.

Published - October 31, 2025 08:31 americium IST

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