In the COP26 summit at Glasgow in 2021, Prime Minister Narendra Modi committed India to achieving net zero emissions by 2070. India’s commitment is a critical foundation in the global pathway to achieving the ambitious 1.5˚C global warming target. The Chemical sector will play a foundational role in achieving the global as well as Indian Net Zero pathways. India must achieve three major milestones for building competitiveness – safety & sustainability, making mark in the global trade, and R&D, innovation & digitalization– to make Chemicals and Petrochemicals industry a global powerhouse by 2047.
In this context CII released a report on “Mission Net-Zero: A Roadmap for the Indian Chemicals Industry” that charts the sector’s pathway towards sustainability and competitiveness. The report was released during the 5th edition of the India Chemicals and Petrochemicals Conference in New Delhi.