New Delhi, July 17 -- India will require around $1.5 trillion in investments by 2030 to tackle climate change and accelerate its energy transition, according to a new report by Deloitte.

The report, titled The Climate Response: Tapping into India's Climate and Energy Transition Opportunity, highlights the scale of capital needed across renewable energy, biofuels, decarbonisation efforts, and sustainable infrastructure to meet the country's climate goals.

To reach the government's target of 500 GW of non-fossil capacity by 2030, Deloitte estimates a required investment of $200-250 billion, spanning areas such as advanced manufacturing, grid integration, and system expansion.

As of now, India's total non-fossil fuel capacity stands at 24...