# UNFCCC

Type: organization

Source: Climate Intelligence Brief — https://getclimatebrief.com/entity/unfccc
Canonical HTML page: https://getclimatebrief.com/entity/unfccc

## Timeline

- **2070**: Net Zero Goal — India's long-term target for achieving national carbon neutrality.
- **2035**: Target Year — Deadline for achieving the newly established NDC milestones.
- **2027-Q1**: National Deployment — Target window for the first national carbon registry implementation under Article 6.4.
- **2026-Q2**: Due Diligence Phase — TSPG to conduct technical and financial audit of XGC Software's registry platform.
- **2026-03-06**: LOI Signed — TSPG announces intent to acquire XGC Corp to enter the carbon registry market.
- **2026-03**: 2035 NDC Approved — Cabinet approves the new 60% non-fossil capacity and 47% intensity reduction goals.
- **2026**: Definitive Agreement — Expected finalization of the acquisition terms and regulatory filings.
- **2025-11**: COP30 in Brazil — Environment Minister Bhupendra Yadav signals that updated NDCs are forthcoming.
- **2022-08**: Previous NDC Update — India committed to 50% non-fossil capacity and 44% intensity reduction by 2030.
- **2005**: Baseline Year — The reference year for emissions intensity and carbon sink measurements.

## Recent coverage (2 stories)

### India Targets 60% Non-Fossil Power by 2035 in Updated Climate Pledge
2026-03-26 00:29:27 · Sentiment: Bullish · Impact: 8/10 · Sources: 2

India has officially updated its Nationally Determined Contributions (NDC), pledging to reach 60% non-fossil fuel power capacity and a 47% reduction in emissions intensity by 2035. The move aligns the world's third-largest emitter with Paris Agreement timelines after it surpassed its previous 2030 renewable energy targets ahead of schedule.
Full story: https://getclimatebrief.com/story/india-2035-ndc-climate-goals-non-fossil-fuel

### TSPG to Acquire XGC Corp to Build Paris Agreement Carbon Registries
2026-03-07 03:40:19 · Sentiment: Bullish · Impact: 6/10 · Sources: 2

TGI Solar Power Group (TSPG) has signed a Letter of Intent to acquire XGC Corp, a specialist in carbon registry software. The acquisition aims to deploy national carbon registries compliant with Article 6.4 of the Paris Agreement, providing critical infrastructure for global carbon trading.
Full story: https://getclimatebrief.com/story/tspg-xgc-corp-acquisition-paris-agreement-carbon-registries

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