In 2023, production-based CO2 emissions in India stood at one of the highest levels. Forecasted values show a decreasing trend: 1.65 billion metric tons in 2024, 1.59 in 2025, 1.54 in 2026, 1.51 in 2027, and 1.48 in 2028. Year-on-year variation from 2024 to 2025 indicates a drop of 3.64%, while from 2025 to 2026, the decrease is 3.14%. The decrease from 2026 to 2027 is 1.95%, and from 2027 to 2028 is 1.99%. Overall, the average annual decrease (CAGR) over the five-year period is around 2.70%.
Future trends to watch for:
- Government policies on carbon emissions reduction
- Advances in renewable energy adoption
- Industrial shifts towards greener technologies
- International climate agreements and their impact on national strategies