Jharkhand needs $256 billion for low-carbon transition by 2070: IEEFA
Jharkhand will require about $256 billion (Rs 21.52 lakh crore) between 2026 and 2070 to transition away from fossil fuels while maintaining social and economic stability, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The study, “Jharkhand’s Just Transition: A Roadmap for Economic Growth and Diversification,” was prepared for the state government’s Task Force on Sustainable Just Transition. The report estimates that the investment will fund the closure…