Climate Policy

Climate Policy

SFC Perspectives

Embedding a development-centric climate-ready approach to policymaking

India can currently pursue a range of development pathways while addressing the challenges presented by climate change. In its choices, it must prioritise low-carbon development while ensuring equitable growth in employment, incomes, and quality of life. We approach the climate challenge from the lens of aligning climate policies with India’s development goals, and recognising the synergies and trade-offs inherent in policy choices. Through this, we aim to inform the design of a development-centric, climate-ready state.

We focus on three key steps of policy planning, design, and implementation at both, the national and subnational levels. First, we work to improve the use of emissions-economy models to enhance capacity to envision low-carbon development pathways. Second, we employ green industrial policy as a strategic approach to integrated policymaking. Third, we explore designs for a more suitable architecture of climate finance to enable these pathways and policies.

Our publications

This also includes publications by SFC team members in their past capacities.

What Does Net-Zero Mean? Defining Goals Aligned With National Contexts

Nikita Shukla, Aman Srivastava, and Easwaran J. Narassimhan

21 July 2025

The brief’s objective is to support India in deciding the design of the end-goal of achieving its net-zero emissions target, rather than outlining the path to reach it.

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One Lakh Crore for Innovation: Getting Strategic About Clean Energy R&D

11 July 2025

The article proposes a targeted, tech-first approach to guide these investments toward high-impact clean energy technologies.

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The Climate Challenge as a Development Opportunity

Navroz K Dubash

Project Syndicate | 30 May 2025

Navroz K. Dubash argues that countries—especially those still developing—should see climate action not just as an environmental imperative but as a strategic development model.

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Journal articles

Climate Policy

What Shapes Green Industrial Policy Objectives and Design? A Comparative Policy Analysis of Renewable Energy Auctions in India and South Africa

Easwaran J. Narassimhan

Journal of Comparative Policy Analysis | 29 May 2025

Governments are increasingly using green industrial policies to address socio-economic and environmental objectives in the energy transition. But why do countries with similar policy objectives implement different green industrial policy designs?

Issue Briefs

Climate Policy

The Indian Carbon Market: Institutional, Regulatory, and Market Considerations

Kashmeera Patel, Easwaran J. Narassimhan et al.

28 April 2025

This brief captures key insights from a stakeholder roundtable on India’s carbon market, focusing on the institutional, regulatory, and market design challenges of the Carbon Credit and Trading Scheme (CCTS).

Blogs

Climate Policy

Navigating India’s Climate Futures Requires a Nuanced and Transparent Approach to Modelling

Nikita Shukla, Aman Srivastava, Easwaran J Narassimhan

14 April 2025

Insights from emissions-economy modelling studies are only as reliable as the methods used to generate them. We present a framework to assess, compare, and interpret the structures and implications of these studies, aiming to spark critical dialogue and foster understanding in India.

Journal articles

Climate Policy

Domesticating Climate Change: The Evolution of Indian Climate Politics and Policy

Navroz K Dubash

Economic & Political Weekly | 11 January 2025

Climate change considerations are increasingly being internalised, or domesticated in India’s development decision-making. The paper examines how political narratives linking climate change and development have emerged over the past decade, explores top-down approaches to climate policy, discusses key sectoral shifts and economy-wide approaches, and ends with a discussion of what mainstreaming climate change may mean for the Indian state. It argues for taking seriously the linkage between climate change and development, but in a way that engages with their complex linkages. The article is part of the EPW’s special issue ‘Review of Environment and Development’ edited by Sharachchandra Lele and Geetanjoy Sahu.

Opinions

Adaptation and Resilience

Climate Policy

Energy Transitions

Now for a green Bharat abhiyaan

Navroz K Dubash

India Today | 7 January 2025

Navroz K Dubash, writing on climate change in India Today’s ‘India @ 2025’ special issue, argues for keeping the pressure on developed countries for emissions reductions and finance but also suggests three key domestic priorities for India: Enhance climate resilience in cities/coasts, and plan for adaptation, e.g, in agriculture and water; Build a low carbon economy that creates jobs; Reform governance structures and the legal framework to address climate governance challenges.

Blogs

Climate Policy

Unpacking COP29’s NCQG: What Happened, Why, and What Now?

Aman Srivastava, Nikita Shukla

22 December 2024

The NCQG outcome at COP29 has been criticised for not meeting climate finance needs and shifting responsibility from developed nations. This blog explores where it missed the mark, whether developed countries have a defence, and how future COPs can improve climate finance delivery.

Journal articles

Climate Policy

Energy Transitions

Is net zero net positive? – Opportunities and challenges for pursuing a socio-economically sensitive net-zero transition for India

Easwaran Narassimhan, Tarun Gopalakrishnan et al.

Climate Policy Journal | 26 November 2024

Using a mixed methodology of expert elicitation and system dynamics modelling, this article examines the policy gap that needs to be bridged for India to realize its net zero by 2070 commitment. The study discusses a socio-economically sensitive policy mix that could set India on a trajectory to peak its emissions in a decade and zero out its carbon dioxide (CO2) emissions by mid-century, leaving about one gigaton of other greenhouse gases to be decarbonized by 2070 to meet India’s net-zero goal.

Issue Briefs

Climate Policy

Ratcheting Ambition in Climate Finance: Key Challenges and Goals for COP29

Nikita Shukla, Aman Srivastava, and Easwaran J. Narassimhan

8 November 2024

An overview of key issues to watch in discussions on the New Collective Quantified Goal (NCQG), including the role and relevance of the NCQG, strategies for effective implementation, and implications of the outcome for broader climate diplomacy.

Reports

Climate Policy

Energy Transitions

The Regulatory and Market Landscape for Climate Finance Into India’s Renewable Energy Sector

Aman Srivastava, Srishti Jain et al.

31 October 2024

As India aims to further ramp up the pace of its RE deployment, both large- and small-scale, this brief, published in collaboration with DIW Berlin, analyzes challenges to it from regulatory, institutional mandate, coordination and market development angles, and explores ways to address them.

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Team members

Aman Srivastava

Fellow and Coordinator, Climate Policy

Easwaran J Narassimhan

Visiting Fellow, Climate Policy

Isha Sharma

Research Lead, Climate Policy

Kashmeera Patel

Research Associate, Climate Policy

Navroz K Dubash

Visiting Senior Fellow and Chair of Advisory Council

Nikita Shukla

Research Associate, Climate Policy

Soutrik Goswami

Research Associate, Climate Policy