Assessing Enabling Environment and Challenges for Deploying Climate Technologies in Energy Sector for India

To achieve the objectives of the Paris Agreement, climate technologies must be implemented quickly on a large scale for India. This is true in the context of the energy sector, which contributes more than 70% of GHG emissions compared to other sectors, thereby seeking immediate attention. The learning lessons from the past suggest that multiple challenges exist within the different processes of technology development, deployment, and transfer. As these challenges are evolving along with the technologies development and their implementation. As per TIFAC, there are few technologies that are ready to be deployable and the overwhelming majority of technologies needs to be moved from lab to field, requiring targeted research and still in imagination. In this regard, there is a need to consider the latest challenges with different technology-related processes. Therefore, it is essential to examine the enabling environment and challenges for deploying climate technologies and identify strategies and policies to address these challenges. To assess the enabling environment and challenges the data is collected through INDCs, GEF, and other technology assessment documents. This paper follows the methodology of the IPCC report for the understanding of technology development and transfer, which captures methodological and technological issues in technology transfer. Further, the scope of this study is limited to the energy sector only. The findings of this study suggest that there is a need for systematically mainstream strengthening national innovation systems capacity through international technology transfer mechanisms. Hence, global collaboration is required for research and development to develop climate technologies that suit local conditions. In addition, various innovative financial instruments are required to mobilize international climate finance, where developed countries can assist developing countries to fulfill finance needs. In the end, there is a need to develop mechanisms and innovative financial instruments to leverage private sector financing to implement RE and EE projects