New Delhi, Oct. 21 -- India's top government think-tank has called for setting up a panel to guide policy and coordinate multi-ministry efforts on climate action and energy transition, two people aware of the development said.

In its draft roadmap for net-zero pathways, NITI Aayog has said that the proposed Low Carbon Development Commission would develop bankable project pipelines for mitigation and adaptation, while mobilizing $100 billion annually by building capacity to attract and absorb climate investment, the people cited earlier said on the condition of anonymity.

These recommendations come at a time when India nears its 2030 deadline to achieve 500GW of non-fossil electricity capacity. Under its nationally determined contributio...