Bhupendra Yadav calls COP26 a ‘success’ from India’s point of view

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Vibha Sharma

Tribune News Service

New Delhi, 14 November

Environment Minister Bhupendra Yadav called the COP26 summit a “success” from India’s point of view, terming “disturbing” the “lack of commitment on climate finance” by developed countries.

The consensus prevailed, but India “expressed and put forward the concerns and views of the developing world quite concisely and clearly”, he said.

“The summit proved to be a success from India’s point of view as we expressed and articulated the concerns and views of the developing world quite concisely and clearly. India offered a constructive debate on the forum and a path to equitable and equitable solutions,” he said. .

Yadav noted India’s efforts including solar energy, saying that while there has been a lot of talk about Nationally Determined Contributions (NDCs), “the lack of commitment on climate finance is troublesome”.

“There is a wide mismatch between climate finance and mitigation efforts. The record of means of implementation assistance to developing countries so far has been disappointing. India looks forward to a shift in finance and technology assistance to developing countries,” he said.

At the first plenary session, instead of agreeing to a “phase-out” of coal power in the final text, Yadav read a new version of the paragraph that used a “phase-down”, which was the last of the language on fossil fuels. -Ensures changes in minutes. In the Glasgow Climate Treaty at the 26th session of the Conference of the Parties (COP26) to the United Nations Framework Convention on Climate Change (UNFCCC) that concluded last night.

In a statement, he said developing countries are entitled to their fair share of the global carbon budget and are entitled to responsible use of fossil fuels within this scope. “Fossil fuels and their use have enabled some parts of the world to achieve high levels of development. Still developed countries have not completely switched to coal. UNFCCC refers to reducing GHG emissions from all sources The UNFCCC is not directed at any particular source. Developing countries are entitled to their fair share in the global carbon budget and are entitled to responsible use of fossil fuels within this scope,” he said.

“India has maintained that the current climate crisis has arisen mainly from unsustainable lifestyles and dysfunctional consumption patterns in developed countries. The world needs to wake up to this reality,” he said.

Speaking of the “new mantra for sustainable development” given by Prime Minister Narendra Modi at the climate summit, Yadav said ‘Jeevan’ (lifestyle for the environment) can be the foundation of the same.

“When facing planetary scale challenges like climate change, the message of ‘Vasudhaivakutumbakam’ or ‘the world as a family’ needs to be enhanced more than ever. India’s message to the world is that it should There is a need to move towards one that gives more importance to moderation,” he said.

India’s goals include reaching 500 GW of non-fossil energy capacity by 2030 and meeting 50 percent of its energy needs with renewable energy. The economy will shrink by 45 percent by 2030. By 2070, India will achieve the target of net zero emissions.

“India achieved some remarkable results in terms of climate finance issues, including an action program on the new Collective Quantitative Target, support for an enhanced transparency framework for developing countries, Article 6 rulebook, adaptation, common deadlines, in the COP26 negotiations. included,” he said. ,