The report “Mapping India’s Energy Policy 2022: Aligning Support and Revenues with a Net-Zero Future” has been released by the International Institute for Sustainable Development (IISD) and the Council on Energy, Environment and Water (CEEW). To support India’s ambitions, this report provides an updated assessment of public resources that support fossil fuels, renewables, and electric vehicles.
Carefully designed energy support measures—subsidies, public utilities’ investments, and public finance institutions’ lending—and government’s energy revenues play a key role in India’s transition to clean energy and reaching net-zero emissions by 2070. Looking at how the Government of India has supported different types of energy from FY 2014 to FY 2021, the study aims to improve transparency, create accountability, and encourage a responsible shift in support away from fossil fuels and toward clean energy.
Access the report here