India-EU: Global dynamics

07 Jul 2022
Dr Vatsala Sharma, Associate Fellow; Ms Khushi Gupta, Intern, TERI

With carbon neutrality being the byword to a sustainable world, a host of countries - Norway, Sweden, the United Kingdom, France, Spain, Japan, Germany, Canada, Costa Rica, the United States, Brazil, India, and China among others - have set for themselves net-zero targets for the middle and later part of the century. At the forefront of the commitment to net-zero is the European Union, which wants to be the first carbon-neutral region in the world by 2050. It brought out the 'European Union Green Deal' in July last year to focus on a new growth strategy that aims to transform the EU society into a fair and wealthy one with a modern, resource-efficient and competitive economy.

Carbon Neutrality Mechanism,
Low carbon economy
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