IEA Report : India’s ‘LiFE’ Initiative

IEA Report: India’s ‘LiFE’ Initiative

Recently International Energy Agency (IEA) has released the report titled “Life (LiFE) Lessons from India”.

This report examines how India has integrated a number of policies into its energy transition strategy that are compatible with the LiFE initiative.

Key findings of report-

  • Adoption of Lifestyle for the Environment (LiFE) measures will reduce global annual CO2 emissions by up to 2 billion tons in 2030.
  • LIFE measures could save consumers around $440 billion globally in 2030.
  • India’s economy is already 10 percent more energy efficient than the global and G20 countries average.
  • India has taken less time to achieve electricity coverage from 50% to 100% as compared to other major economies.
  • The Life Mission was presented by the Prime Minister of India at COP-26 in 2021. It aims to inspire individuals and communities to practice a lifestyle that is in harmony with nature and does not harm it.
  • LYF aims to move from a ‘Use-and-Dispose’ economy to a circular economy.
  • The mission plans to create and promote a global network of individuals called ‘Pro-Planet People’ (P3).
  • Pro-Planet People refers to individuals who have a common commitment to adopt and promote an eco-friendly lifestyle
  • NITI Aayog is providing guidance to the Life Mission. It is being implemented by the Ministry of Environment, Forest and Climate Change.

Implementation Period: 2022 to 2027

International Energy Agency-

  • It was established in 1974. It was established to coordinate the collective response to any major oil supply disruption.
  • India is its associate member. It’s headquarter is in Paris, the capital of France.

Source – Live Mint

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