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Fast-Growing Developing Countries: Dilemma and Way Forward in a Carbon-Constrained World

In: Sustainable Development Insights from India

Author

Listed:
  • Joyashree Roy

    (Asian Institute of Technology
    Jadavpur University)

  • Nandini Das

    (Jadavpur University)

  • Shreya Some

    (Ahmedabad University
    Jadavpur University)

  • Hasan Mahmud

    (Asian Institute of Technology)

Abstract

Many developing countries including Bangladesh and India will need fast growth through the next two decades in gross domestic product (GDP) to meet basic aspirations for decent living standards for their people. This will mean increased need for energy resources. However, global carbon emission limits put additional constraints on these fast-growing countries of this century adversely compared to their predecessors as latter had more unrestricted options to use fossil fuel. However, India’s energy-efficient economic growth path in industry sector, penetration of renewables in energy mix and alternative innovative agricultural practices in addition to dietary choice with low meat consumption are helping the country to maintain low per capita emissions. Bangladesh with unique positive social development is well positioned now to build energy infrastructure for faster economic growth. Power supply capacity that will grow by a factor of 3 now can leapfrog moving beyond gas to new cleaner fuels such as hydrogen and geothermal using its gas drilling and distribution infrastructure besides adding solar energy. The country has almost full untapped potential of energy efficiency improvements in energy demand sectors. International cooperation is necessary for such transitions and which can happen within Paris agreement and SDG framework.

Suggested Citation

  • Joyashree Roy & Nandini Das & Shreya Some & Hasan Mahmud, 2021. "Fast-Growing Developing Countries: Dilemma and Way Forward in a Carbon-Constrained World," India Studies in Business and Economics, in: Purnamita Dasgupta & Anindita Roy Saha & Robin Singhal (ed.), Sustainable Development Insights from India, pages 23-41, Springer.
  • Handle: RePEc:spr:isbchp:978-981-33-4830-1_2
    DOI: 10.1007/978-981-33-4830-1_2
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