May COP26 be a COP of actions in terms of finance, technological support, and not just promises and commitments: India at the UN

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As nations head to the crucial climate summit in Glasgow, India has said the conference shouldn’t be just about promises and commitments and the world needs quick and deep emissions cuts over the course of of this decade rather than distant goals.

“Science has repeatedly clearly affirmed the urgency of accelerated climate action. Recent incidents of extreme weather events around the world corroborate what science is telling us, Environment, Forestry and Climate Change Minister Bhupender Yadav said.

Addressing the high-level meeting “Delivering climate action for people, planet and prosperity” convened on Tuesday by the president of the 76th session of the United Nations General Assembly, Abdulla Shahid, Yadav said the world needed quick, sustainable and deep emission reductions during this decade rather than distant targets.

“However, the current discourse on climate ambition seems to displace the goals.”

The high-level summit was called just days before world leaders gathered for the 26th climate change conference of the United Nations Framework Convention on Climate Change in Glasgow from October 31 to November 12.

“The world’s trust and confidence in UN processes and forums must be preserved by all. Let COP26 be a COP of financial and technological support actions and not just promises and commitments, Yadav said.

He said that as a global community there is a need to ensure that everyone has the right to sustainable development and growth.

“The fight against climate change is a shared global challenge. Global climate action must be guided by the principles and values ​​of climate justice, equity and common but differentiated responsibilities in light of national circumstances, as enshrined in the United Nations Framework Convention and its Paris Convention. Okay, he said.

Stressing that “it is already late”, Yadav stressed that it is time for all to take accelerated action on climate change.

“Those historically responsible for climate change and who have benefited from carbon-intensive development in the past must step up and take the lead in providing timely and adequate finance and technology to help developing countries to speed up their actions, “he said.

Yadav told world leaders at the event that at a time when the developed world is showing a lack of action with just 14.8% emission reductions against the target of 18% reduction in the pre-2020 period, India exceeds its voluntary emission target. reduction.

We reduced our GDP emissions intensity by 24% between 2005 and 2016, thus meeting our voluntary pre-2020 target. Our 2030 goals under the Paris Agreement are seen as ambitious and consistent with the goals of the Paris Agreement. We are on the right track to achieve these goals, he said.

India has also set an ambitious target of 450 GW of renewable energy by 2030. Currently India has a total installed capacity of 389 GW and has already reached 155 GW of installed non-fossil fuel capacity to date. .

We are accelerating action and are confident to achieve this ambitious goal by 2030, he said, adding that India is also taking ambitious steps in energy efficiency measures, biofuels, transport. sustainable, electric vehicles, improving green coverage and sustainable agriculture.

India has also taken an ambitious National Hydrogen Mission initiative for the production and export of green hydrogen.

Yadav added that the current stock of greenhouse gases is a result of the economic growth of industrialized countries in the past which demanded increasing amounts of energy in the form of fossil fuels and that they have become the prosperous countries of today with a stock of capital and infrastructure.

“In contrast, the adverse effects of climate change disproportionately affect developing countries which have contributed little to the stockpile of greenhouse gases,” he said.

(Only the title and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)

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