The Policy Monitor
In the 21st century India where social and economic policies are being put in place to hasten and strengthen the process of women empowerment, some fundamental negative externalities are in place neutralizing the impact of such policy changes, with Climate Change being one such prominent negative externality.
While we have seen continuous increase in expenditure in clean energy over the past years (2021 alone saw the biggest jump yet of 27% in investment in low carbon energy compared to 2020) ,the urgency to achieve the net-zero target is yet to translate into large increases in spending on clean energy projects.