全球商业气候联盟-印度2035年气候目标：增长和全球领导力的商机（英）

India’s 2035 Climate Target: A Business Opportunity for Growth and Global LeadershipJune 2025ForewordsAs the world faces urgent climate and energy challenges, it is clear that no single nation or institution can tackle them alone. Technology, research, and collaboration must drive our transition toward cleaner energy, resource efficiency, and circular economies. The next decade will be decisive. If we are to meet our climate and sustainability goals, we must integrate policy with science, scale up innovations, and foster international partnerships that translate ideas into action. India has made commendable progress on its 2030 climate targets, including reducing the emission intensity of GDP and significantly expanding non-fossil-fuel-based power capacity. The NDC for 2035 provides a strategic opportunity to advance India’s aspirations of becoming a developed nation by 2047, while ensuring energy security, economic resilience and environmental protection. Herein, our partnership with the global We Mean Business Coalition assumes significant importance. Together with champions of the Indian industry, we reaffirm our commitment to strengthening these collaborations and co-creating solutions that drive sustainable growth, not just for individual companies, but for India and the world at large.We are delighted to co-present this briefing document where we have consolidated private sector-perspectives on transition barriers, investment needs, and enabling policies. The briefing underscores how the NDC can become a tool for industrial modernization, employment generation, and a just transition to clean energy – if guided by clean policies, sector specific targets and institutional mechanisms for implementation.Vibha DhawanDirector General, TERIIndia’s transition is not just a national story—it is a global one. As one of the world’s largest and fastest-growing economies, India’s decisions will influence the global trajectory of emissions, investment flows, and sustainable development outcomes.We have seen that ambition inspires ambition. A well designed, forward-looking NDC can offer the long-term clarity and confidence that businesses need to invest in clean technologies, scale innovations across value chains, and align with net zero targets. Already, 127 Indian companies have committed to science-based emissions reduction goals. Leading businesses are accelerating their renewable energy adoption, electrifying transport fleets, improving energy efficiency, and investing in low-carbon manufacturing. This shift is underway – but it must now be scaled and accelerated. What businesses need is a clear policy framework that supports these transitions.At the We Mean Business Coalition, we are committed to supporting this transformation. We are proud to partner with TERI (The Energy and Resources Institute) to present this timely briefing. I am really pleased to see the We Mean Business Coalition’s Call to Action for Ambitious and Investible NDCs adapted to