India's policy challenges will hinder net-zero progress: Moody's
Global financial services company Moody's Investors recently published a report highlighting that India's 2070 net-zero target and intermediate goals through 2030 present significant policy implementation challenges for the government, carving a more central role for private companies and investors to drive the transition. The country's high growth potential, significant economic development needs and large agricultural sector will likely weaken the government's policy resolve and financial capacity to drive the economy's carbon transition. Many of the country's large private companies have announced net-zero targets that are well ahead of Indian authorities' goals, while government-linked companies are comparatively behind. Additional policy signals to encourage transition would drive higher private investment.
