India has flagged “mitigation ambition gap” by developed countries in its climate plan for the 2031-35 period submitted to the United Nations Framework Convention on Climate Change, pointing out that achieving the targets laid out in this, for India and other developing countries, is contingent on the availability of adequate climate finance. India has articulated that India’s NDC is guided by the vision of Vikshit Bharat by 2047. (Representative file photo) HT reported on March 26 that the Cabinet has approved enhanced climate targets for the 2031-2035 period under the Paris Agreement, raising its commitments on emissions, clean energy, and forests at a time when the United States has withdrawn from the global climate framework and several developed nations are scaling back ambition. Specifically, India has committed to three quantitative goals: achieving around 60% cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2035, with the help of transfer of technology and low-cost international finance ; reducing emissions Intensity of its GDP by 47% by 2035, from 2005 level and ; creating a …