|
Listen to this story:
|
In this interview, India Foundation’s Managing Director Shaurya Doval joined ESG News CEO Matt Bird to discuss economic insights into India’s energy transition. From the interview, “India is making a material transition, and the stakes couldn’t be higher.” Dovell continued, “With a population of 1.3 billion—nearly 20% of the global population—and an 85% dependence on fossil fuel imports, India faces the dual challenge of sustaining its economic growth while reducing its carbon footprint. As the country’s economy is projected to grow from $4 trillion to $20 trillion over the next 10 to 20 years, a continued reliance on fossil fuels is simply unsustainable.”
The India Foundation plays an influential role in India’s energy transition by facilitating dialogue, research, and policy recommendations aimed at advancing sustainable energy solutions and reducing dependence on fossil fuels. Recognizing India’s unique position as a rapidly growing economy with significant energy demands, the India Foundation brings together policymakers, industry leaders, and experts to explore pathways toward a low-carbon future.
The foundation’s initiatives focus on fostering innovation in renewable energy, promoting investment in clean technologies, and encouraging responsible energy consumption across industries and communities. Through its conferences, policy papers, and collaborations, India Foundation addresses critical aspects of energy security, green finance, and regulatory frameworks that support the shift to renewables.
Related Article: Google and Adani Group Partner on Solar Wind Hybrid Project to Power India’s Clean Energy Shift
In addition, the India Foundation advocates for scalable solutions in green energy infrastructure, such as solar, wind, and hydroelectric power, and supports public awareness campaigns to encourage sustainable practices at both corporate and community levels.
Special thanks to our partners Datamaran, CFA Institute, and The Nest Climate Campus