DUBAI: As countries fine-tune the negotiation text to be adopted as the outcome of the UN climate summit (CO) early next week, India on Saturday pitched for “equity and climate justice” as the basis of global climate action and said it can be ensured only when the developed countries take the lead.
“As we gather here in Dubai for CO, India looks forward to the Global Stocktake’s (GST) outcomes and hopes that they will provide meaningful and relevant inputs for deciding on enhanced climate action,” said environment minister Bhupender Yadav while delivering the country’s statement at the high-level segment of the summit.
His remarks assume significance as it gives an indication of India’s stand, both in terms of raising the floor on climate finance above the current $100 billion annual target as a new collective quantified goal (NCQG) and seeking carbon space to grow on the basis of equity while adhering to all principles (Common But Differentiated Responsibilities and Respective Capabilities) and processes of the UN climate convention. India will have the same approach (CBDR-RC, equity and climate justice) while taking its stand on the negotiation text, specifically in terms of coal use and continuation of the fossil fuel subsidies, at a time when developed countries have been making efforts to water down the principles of the Paris Agreement.
“The resource mobilisation under NCQG must be guided by the needs and requirements of the developing countries… It is of paramount importance to repose our trust and confidence in the principles and processes of the convention and its Paris Agreement,” said Yadav. Referring to India’s ‘third national communication’ based on greenhouse gas (GHG) inventory of 2019 along with initial adaptation communication, the minister also underlined how the country has been consistently contributing towards climate action while also prioritising the development and well-being of citizens. “In our endeavour to decouple economic growth from GHG emissions, India has successfully reduced the emission intensity vis-a-vis its GDP by 33% between 2005 and 2019, thus achieving the initial nationally determined contribution (NDC) target for 2030, 11 years ahead of the scheduled time,” said Yadav.
He further shared that the country has achieved 40% of electric installed capacity through non-fossil fuel sources, nine years ahead of the target for 2030. “Between 2017 and 2023, India has added around 100 GW of installed electric capacity, of which around 80% is attributed to non-fossil fuel-based resources,” he said.
“As we gather here in Dubai for CO, India looks forward to the Global Stocktake’s (GST) outcomes and hopes that they will provide meaningful and relevant inputs for deciding on enhanced climate action,” said environment minister Bhupender Yadav while delivering the country’s statement at the high-level segment of the summit.
His remarks assume significance as it gives an indication of India’s stand, both in terms of raising the floor on climate finance above the current $100 billion annual target as a new collective quantified goal (NCQG) and seeking carbon space to grow on the basis of equity while adhering to all principles (Common But Differentiated Responsibilities and Respective Capabilities) and processes of the UN climate convention. India will have the same approach (CBDR-RC, equity and climate justice) while taking its stand on the negotiation text, specifically in terms of coal use and continuation of the fossil fuel subsidies, at a time when developed countries have been making efforts to water down the principles of the Paris Agreement.
“The resource mobilisation under NCQG must be guided by the needs and requirements of the developing countries… It is of paramount importance to repose our trust and confidence in the principles and processes of the convention and its Paris Agreement,” said Yadav. Referring to India’s ‘third national communication’ based on greenhouse gas (GHG) inventory of 2019 along with initial adaptation communication, the minister also underlined how the country has been consistently contributing towards climate action while also prioritising the development and well-being of citizens. “In our endeavour to decouple economic growth from GHG emissions, India has successfully reduced the emission intensity vis-a-vis its GDP by 33% between 2005 and 2019, thus achieving the initial nationally determined contribution (NDC) target for 2030, 11 years ahead of the scheduled time,” said Yadav.
He further shared that the country has achieved 40% of electric installed capacity through non-fossil fuel sources, nine years ahead of the target for 2030. “Between 2017 and 2023, India has added around 100 GW of installed electric capacity, of which around 80% is attributed to non-fossil fuel-based resources,” he said.
