India, Sept. 11 -- India will need investments exceeding $10 trillion by 2070 to achieve its net-zero target, Union environment minister Bhupender Yadav said on Thursday. Speaking at FICCI LEADS 2025, Yadav cited a 2023 Reserve Bank of India estimate, which projected about Rs.85.6 trillion ($1.05 trillion) by 2030 required to help industries adapt to climate norms.

India has three key principles on climate finance - that climate finance is development finance, clean power and efficient cities are the foundation for energy security, and countries that mobilise green investment now will own the value chains, he said.

Yadav also made it clear that India believes the developed countries have the moral responsibility to support the Global So...