On 1 February, India’s Finance minister Nirmala Sitharaman unveiled the government’s budget for 2026, which included a new US$2.2 billion funding push for carbon capture technologies.
The 2026 fiscal plan boosts funding for renewables, next-generation nuclear power and data-centre decarbonisation as the country works towards its 2050 net zero goal.
China’s central and local governments, as well as state-owned enterprises, are busy preparing for the next five-year planning period, spanning 2026-2030.