New Delhi: India will demand “action” in terms of climate finance, technology transfer and capacity building from developed countries to help developing countries fight climate change, Union Environment Minister Bhupender Yadav said on Thursday (November 3), ahead of the 27th edition of the Conference of Parties (COP) to UNFCCC. “COP27 should be COP for action in terms of climate finance, technology transfer and capacity building. This is our overall approach. India will seek clarity as to what is being termed as climate finance — whether it is grants, loans or subsidies. Public and private finance should be separated. These issues will be taken up strongly,” the minister told reporters here.
US President Joe Biden, UK Prime Minister Rishi Sunak and more than 100 heads of states are expected to attend the conference which will be organised at Sharm El-Sheikh in Egypt in from November 6 to 18.
It is not yet clear if Prime Minister Narendra Modi will attend it.
“Even some developed countries” will join India in strongly raising the issue of USD 100 billion per year for climate action in developing countries, an official said.
At COP15 in Copenhagen in 2009, developed countries had committed to jointly mobilize USD 100 billion per year by 2020 to help developing countries tackle the effects of climate change.
India will also push for a new collective quantified goal (NCQG) for climate finance — a key accompanying decision to the 2015 Paris Agreement — from a floor of USD 100 billion per year.
“The developed countries should not only fulfil the climate finance promises made earlier, new collective quantified climate finance goals should be set. There should be transparent mechanisms to track climate finance,” Mr Yadav said.
A senior ministry official said India will seek more clarity on adaptation finance.
The official said,
Adaptation finance is something very crucial for the lives and livelihoods of people vulnerable to climate change. What are the soft loans that are available, what is the credit mechanism, insurance requirements… These are the issues that India will flag very strongly.
The country will also look for collaborations in technology development in renewable energy and hard to abate sectors.
Mr Yadav asserted that India is one of the few countries who have met the climate targets set in Paris in 2015.
India this year updated its nationally determined contributions (NDCs) in keeping with the promises made by Prime Minister Modi at COP26 in Glasgow.
According to the updated NDCs, India now stands committed to reducing emissions intensity of its GDP by 45 per cent by 2030, from 2005 level, and achieving about 50 per cent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030.
To further a healthy and sustainable lifestyle, “LIFE – Lifestyle for Environment as a key to combating climate change” has been added to India’s NDC.
NDCs are national plans and pledges made by countries to limit global temperature rise to well below 2 degrees Celsius, preferably to 1.5 degrees Celsius.
(This story has not been edited by NDTV staff and is published from a syndicated feed.)
NDTV – Dettol have been working towards a clean and healthy India since 2014 via the Banega Swachh India initiative, which is helmed by Campaign Ambassador Amitabh Bachchan. The campaign aims to highlight the inter-dependency of humans and the environment, and of humans on one another with the focus on One Health, One Planet, One Future – Leaving No One Behind. It stresses on the need to take care of, and consider, everyone’s health in India – especially vulnerable communities – the LGBTQ population, indigenous people, India’s different tribes, ethnic and linguistic minorities, people with disabilities, migrants, geographically remote populations, gender and sexual minorities. In wake of the current COVID-19 pandemic, the need for WASH (Water, Sanitation and Hygiene) is reaffirmed as handwashing is one of the ways to prevent Coronavirus infection and other diseases. The campaign will continue to raise awareness on the same along with focussing on the importance of nutrition and healthcare for women and children, fight malnutrition, mental wellbeing, self care, science and health, adolescent health & gender awareness. Along with the health of people, the campaign has realised the need to also take care of the health of the eco-system. Our environment is fragile due to human activity, which is not only over-exploiting available resources, but also generating immense pollution as a result of using and extracting those resources. The imbalance has also led to immense biodiversity loss that has caused one of the biggest threats to human survival – climate change. It has now been described as a “code red for humanity.” The campaign will continue to cover issues like air pollution, waste management, plastic ban, manual scavenging and sanitation workers and menstrual hygiene. Banega Swasth India will also be taking forward the dream of Swasth Bharat, the campaign feels that only a Swachh or clean India where toilets are used and open defecation free (ODF) status achieved as part of the Swachh Bharat Abhiyan launched by Prime Minister Narendra Modi in 2014, can eradicate diseases like diarrhoea and the country can become a Swasth or healthy India.