Indian Pavilion at COP24
The Union Minister for Science & Technology, Earth Sciences and Environment, Forest & Climate Change, Harsh Vardhan addressing at the inauguration of the Indian Pavilion at COP24, at Katowice, Poland on December 03, 2018. The Secretary, Ministry of Environment, Forest and Climate Change, Shri C.K. Mishra are also seen.

Indian Pavillion at COP-24 themed ‘One World One Sun One Grid’ showcases global vision behind Solar Alliance

Harsh Vardhan showcased India’s clear intent to win the fight against climate change  at the inauguration of Indian Pavilion at the 24th meeting of Conference of Parties (COP-24) to the United Nations Framework Convention on Climate Change (UNFCCC) which is being held at Katowice, Poland.

“World is  at  a  critical  juncture in  ongoing  battle  to  save  our  planet  from  the  threats  of global   warming   and   let   me   assure   you   that   India   is   truly committed  to  winning  this  battle.  I  feel  proud  in  affirming  that India  has  made  great  strides  in  its  journey  towards  climate change adaptation and mitigation. Indian pavilion here  reflects our ambitious and bold actions on climate change. This  year  the  theme  of  India  Pavilion  is  ‘One  World  One  Sun One  Grid’  as  highlighted  by  our  Prime  Minister  Narendra Modi during first assembly of the International Solar Alliance  on  October  2018.  PM has ambitious   target   that   40   per   cent   of   India’s   installed   power capacity will be from non-fossil fuels by 2030,” said Vardhan.

Katowice

Harsh Vardhan and the Secretary, Ministry of Environment, Forest and Climate Change, C.K. Mishra at the opening ceremony of COP24, at Katowice, Poland on December 03, 2018.

India is working hard for  achieving 175 GW target for  installed Renewable Energy capacity by 2022. The effect of increased use of  renewable  energy  is  now  visible  in  India.  Resultantly,  India stands 4th  in wind power 5th  in renewable power and 5th  in solar power  installed.   Besides  solar  and  wind  power,  we  are  also working   on   biomass,   biofuel   and   bio-energy.   Our   aim   will always be to leap ahead into the future of energy solutions that make this world a cleaner and greener place. In   the   last   few   years   India   has   taken   a   number   of   other initiatives.  Till  date  more  than  310  million  LEDs  have  been installed  countrywide.    Around   58    million   households  are already covered under Ujjwala scheme. Ujjwala scheme will not only contribute to improved health of women and children, but also  help  on  reducing  forest  degradation.  Just  in  last  2  years India achieved 1% increase in its forest cover whereas in many countries   across   the   globe,   it   is   depleting.   More   than   0.26 million  Electric  Vehicles  have  been  sold,  with  more  than  91 million  CO2  Reduction  (in  kg).  Apart  from  this,  we  have  also pledged   to   get   rid   of   single-use   plastic   by   2022   across   the country,” he added.

In fact, India’s  leadership  in  global  climate  action  has  been  recognised and Prime  Minister Narendra  Modi   has   been bestowed  with  “Champion  of  Earth  Award”  this  year  by  the United  Nations  for  his  stewardship  in  promoting  International Solar Alliance and resolve to make India plastic free by 2022. “I believe it is crucial that we find ways to combat climate change not  just  through  modern  technologies  but  with  the  wisdom  of our collective cultural tradition. We are all aware that our Prime Minister  Narendra  Modi  has  been  providing  international leadership for the Climate Change and Global Warming issues. He has reminded the whole world of the need for environmental protection and adopting the climate resilient lifestyles. We alsobelieve that  contribution  of  citizens,  sustainable  lifestyles  and climate    justice    provides    an    alternative    means    to    address climate change which must be rigorously pursued,” explained Vardhan.

News Update| 4th December 2018| FinMin releases Discussion Paper entitled “3 Essential “S”s of Climate Finance – Scope, Scale and Speed: A Reflection” on the sidelines of COP 24 in Katowice, Poland

Department of Economic Affairs, Ministry of Finance, released a Discussion Paper entitled “3 Essential “S”s of Climate Finance – Scope, Scale and Speed: A Reflection” on the sidelines of COP 24 to UNFCCC at Katowice, Poland. The Discussion Paper examines analytically the scope, scale and speed required in climate finance. While the financial requirements of developing countries run into trillions of Dollars, the commitments made by the developed countries for enhancement and support in relation to climate finance is not clearly translated into reality.

Equally important is the issue of reporting and tracking of climate finance. The Discussion Paper finds serious concerns with the various numbers on climate finance reported by the developed countries. Definitions of climate change finance used in various reports were not consistent with the UNFCCC provisions. Methodologies used were also questionable. This Paper attempts to identify the essential elements, step by step, for a robust and transparent accounting of climate finance flows from developed to developing countries.

Climate change issues have taken centre-stage in the recent times with various scientific reports pointing to the serious effects of climate change and global warming. The urgency for global climate action cannot be overemphasised. While the developing countries like India have been taking many actions against climate change and adapting to its adverse effects best to their own abilities and national circumstances, as mandated in the UNFCCC and its Paris Agreement, the climate actions of developing countries have to be supported by climate finance flows from developed to developing countries. Yet the progress achieved is not quite satisfactory.

The Parties at CoP 24 in Katowice in December, 2018 need to address these important questions on climate finance. While India will continue to play its constructive role at CoP 24 to UNFCCC at Katowice, it is hoped that this Reflection paper will be of utility to stakeholders during deliberations therein.

 

Leave a Reply

x

Check Also

Union of Myanmar Federation of Chambers of Commerce

President Kovind inaugurates Enterprise India Exhibition in Yangon

The President of India, Ram Nath Kovind, inaugurated the Fifth Enterprise India Exhibition in Yangon on December 13, ...

error: Content is protected !!