New Delhi, July 18 -- India will require an estimated investment of USD 1.5 trillion by 2030 across critical sectors to combat climate change and accelerate its energy transition, according to a new report by Deloitte India.

Titled The Climate Response: Tapping into India's Climate and Energy Transition Opportunity, the report outlines the investment priorities necessary for India to achieve its climate and energy objectives.

These include large-scale expansion in renewable energy, biofuels, decarbonisation technologies, and sustainable infrastructure.

To meet its target of 500 GW of renewable energy capacity by 2030, the country will need to install an additional 300 GW - requiring an estimated USD 200-250 billion in investments.

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