♦ According to the RBI research report, India’s energy efficiency improved by 1.9 percent between 2000 and 2023, which is faster than the global average of 1.4 percent.
♦ The report also stated that India was far ahead of the other BRICS countries which averaged 1.62 percent.
♦ However, India’s energy efficiency lagged developed markets, like the US and Germany, which witnessed an over 2 percent rise during this period.
♦ Between 2012 and 2022, India’s energy-related Carbon dioxode emissions rose by 706 million tonnes, primarily driven by economic growth.
♦ A lesser contribution came from changes in the fuel mix.
♦ Had a small but significant impact on emission reduction over the past decade, with solar and wind accounting for 2.1 percent of total primary energy in 2022-23, the report stated.