New Delhi: A week after submitting its climate action plans that will lead the country towards its long-term goal of carbon neutrality by 2070, India on Wednesday said the primary responsibility for transitioning towards net-zero emissions is those that have historically accounted for most of the accumulated greenhouse gas (GHG) concentration in the atmosphere.
Environment Minister spoke about India Bhupendra Yadav At the joint environment and climate change ministers meeting of the G20 countries in Bali, Indonesia. India will assume the presidency of the G20 from 1 December. The country will host the G20 summit in 2023.
Yadav’s remarks on “primary responsibility” clearly pointed out how the cumulative emissions of rich countries such as the US and European countries led to climate change and therefore forced their economies to decarbonize much faster than developing countries with these historical pollutants. Must come forward, and additional some carbon space for economic growth in the Global South.
“Globally, in order to effectively combat climate change, we must first recognize that development and environmental protection need to be aligned, rather than treating each other exclusively. Secondly, we need to address national conditions. And considering the principle of common but distinct responsibilities and related capabilities, economic development should be distinguished from GHGs (CBDR-RC), Yadav said in his opening remarks at the meeting.
He reminded rich countries of their obligation to developing countries in terms of providing climate finance, and said, “There is an urgent need to mobilize resources to stimulate the economy in a way that makes it more resilient and sustainable. But the current pace and scale of climate finance from developed countries is not matching the global aspiration to tackle climate change.
Noting that “the promise of climate finance remains a mirage”, Yadav said, “an additional problem is linking development finance with climate finance. In 2019, 70% of public climate finance is in the form of loans rather than grants.” In 2019/20, only 6% of climate finance was in grants. This is pushing developing countries into more debt.”
He also explained how developing countries cope with an estimated gap of USD 1 trillion in COVID-19 spending.
Yadav also made these points during his concluding remarks and it is important to keep at the core of the “similarities and principles of CBDR-RC” while seeking solutions to fight the challenges of climate change. He underlined that a one-size-fits-all approach would create more problems than solutions.
“India believes that environmental sustainability can only be achieved through climate justice and equity in resource use, technology, financing and low-carbon development timelines.
Anything less is unacceptable,” the minister said.
India, through its updated NDC, promised that the country would achieve about 50% of its cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030, claiming that the updates were aimed at helping India achieve its carbon neutrality goals. The long-term goal is to keep it on track. by 2070. India is also committed to reducing its emission intensity (emissions per unit of GDP) by 45% by 2030 from 2005 levels.
“India’s advanced NDCs Paris Agreement Incorporate LiFE (Lifestyle for the Environment) in their ambition to promote a healthy and sustainable lifestyle based on traditions
The values of conservation, restraint and climate justice, and to protect the poor and vulnerable from the adverse effects of climate change,” Yadav said.
He said, “While India has not been a traditional contributor to global emissions, we are showing intent in our actions to address the problem. India has in recent years been able to electrify all homes and rapidly increase access to clean cooking energy.” It is one of the world’s largest markets for the deployment of renewable energy.”
Environment Minister spoke about India Bhupendra Yadav At the joint environment and climate change ministers meeting of the G20 countries in Bali, Indonesia. India will assume the presidency of the G20 from 1 December. The country will host the G20 summit in 2023.
Yadav’s remarks on “primary responsibility” clearly pointed out how the cumulative emissions of rich countries such as the US and European countries led to climate change and therefore forced their economies to decarbonize much faster than developing countries with these historical pollutants. Must come forward, and additional some carbon space for economic growth in the Global South.
“Globally, in order to effectively combat climate change, we must first recognize that development and environmental protection need to be aligned, rather than treating each other exclusively. Secondly, we need to address national conditions. And considering the principle of common but distinct responsibilities and related capabilities, economic development should be distinguished from GHGs (CBDR-RC), Yadav said in his opening remarks at the meeting.
He reminded rich countries of their obligation to developing countries in terms of providing climate finance, and said, “There is an urgent need to mobilize resources to stimulate the economy in a way that makes it more resilient and sustainable. But the current pace and scale of climate finance from developed countries is not matching the global aspiration to tackle climate change.
Noting that “the promise of climate finance remains a mirage”, Yadav said, “an additional problem is linking development finance with climate finance. In 2019, 70% of public climate finance is in the form of loans rather than grants.” In 2019/20, only 6% of climate finance was in grants. This is pushing developing countries into more debt.”
He also explained how developing countries cope with an estimated gap of USD 1 trillion in COVID-19 spending.
Yadav also made these points during his concluding remarks and it is important to keep at the core of the “similarities and principles of CBDR-RC” while seeking solutions to fight the challenges of climate change. He underlined that a one-size-fits-all approach would create more problems than solutions.
“India believes that environmental sustainability can only be achieved through climate justice and equity in resource use, technology, financing and low-carbon development timelines.
Anything less is unacceptable,” the minister said.
India, through its updated NDC, promised that the country would achieve about 50% of its cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030, claiming that the updates were aimed at helping India achieve its carbon neutrality goals. The long-term goal is to keep it on track. by 2070. India is also committed to reducing its emission intensity (emissions per unit of GDP) by 45% by 2030 from 2005 levels.
“India’s advanced NDCs Paris Agreement Incorporate LiFE (Lifestyle for the Environment) in their ambition to promote a healthy and sustainable lifestyle based on traditions
The values of conservation, restraint and climate justice, and to protect the poor and vulnerable from the adverse effects of climate change,” Yadav said.
He said, “While India has not been a traditional contributor to global emissions, we are showing intent in our actions to address the problem. India has in recent years been able to electrify all homes and rapidly increase access to clean cooking energy.” It is one of the world’s largest markets for the deployment of renewable energy.”