♦ NITI Aayog released the first set of study reports outlining India’s development pathways towards achieving the goal of Viksit Bharat by 2047 while progressing towards Net Zero greenhouse gas emissions by 2070. The reports form part of India’s first government-led, multi-sectoral and integrated assessment of long-term development and climate transition scenarios.

♦ The think tank is releasing a total of eleven reports on February 9 and 10, 2026. According to the findings, India can achieve the vision of Viksit Bharat 2047 under all assessed scenarios while remaining aligned with its Net Zero commitment. The reports note that India’s coal consumption will go up till 2047 even as energy intensity decreases and efficiency goes up, while meeting Net Zero goals, underscoring the need for a calibrated and just transition.

♦ One of the key reports released, Scenarios towards Viksit Bharat and Net Zero: Financing Needs, estimates that India will require an unprecedented investment of about $22.7 trillion by 2070 to achieve Net Zero, with a financing gap of approximately $6.5 trillion that will need to be bridged through external sources and stronger global capital integration.