The forecasted data on total carbon dioxide emissions in India present a slight but consistent decline from 2024 to 2028. Starting from the base year of 2023, the emissions stood at X kg CO2 per USD PPP=2010. For the year 2024, the emissions were forecasted at 0.23, showing a stable trend with minor reductions in subsequent years. Specifically, there was a 4.3% year-on-year decrease from 2023 to 2024. The emissions decreased further by approximately 4.3% between 2025 and 2028. Over the last two years, from 2027 to 2028, the variation remained marginal, at around 4.5%. The overall CAGR for the five years from 2024 to 2028 indicated an average annual decrease of around 4.4% in emissions.
Future trends to watch for include the impact of increased renewable energy investments and policies aimed at reducing carbon footprint, which could potentially accelerate the decline in emissions. Additionally, technological innovations and shifts in industrial practices will be key drivers in further lowering the carbon intensity of India's economy.
