Mumbai, March 20 -- India's energy efficiency improved by 1.9 per cent between 2000 and 2023, which is faster than the global average of 1.4 per cent, according to a study carried out by an RBI research team. The report also stated that India was far ahead of the other BRICS countries which averaged 1.62 per cent. However, India's energy efficiency lagged developed markets, like the US and Germany, which witnessed an over 2 per cent rise during this period, During 2012-22, India's energy-related CO2 emissions increased by 706 million tonnes.

The main contributor was economic growth, with a smaller impact from the change in the fuel mix of the economy. However, gains in energy efficiency, structural changes, and improvements in the emissi...