Cabinet plans to discuss India's position at COP 26 next week

Cabinet plans to discuss India's position at COP 26 next week

Cabinet plans to discuss India's position at COP 26 next week

The Union cabinet is expected to discuss India's position and contribution to mitigating the climate crisis at the Glasgow Climate Change Conference (COP 26) next week, October 31 to November 12, a European environmental official said on Friday.

In an informal COP 26 briefing for selected journalists, officials said India's submission and position is still subject to cabinet approval. “These decisions are taken at the highest level and have to be passed by the Cabinet before they are announced,” the official said.

A delegation of 14 to 15 members, made up of officials from the ministries of Energy, Finance, Earth Sciences, Agriculture, New and Renewable Energies, Environment and Water, will represent India at COP26. Union Environment Minister Bhupender Yadav will lead the delegation. India's chief climate negotiator is Deputy Minister Richa Sharma.

Prime Minister Narendra Modi is expected to be in Glasgow for the first few days, he and his UK counterpart Boris Johnson are expected to make a joint statement on the Green Grids Initiative - One Sun One World One Grid (GG-IOSOWOG) Police Officer 26.

GGI-OSOWOG will establish technical, financial and research collaborations to enable cross-border renewable energy transfer projects according to the International Solar Alliance.
Yadav India is expected to lead the negotiations during the second week of the conference, which will address various issues related to the Paris Agreement. The set of rules guides the implementation of the 2015 Paris Agreement, the legally binding international agreement on the climate crisis.

The official cited above did not clarify whether India would submit an updated Nationally Defined Contribution (NDC) before COP26. “It is not mandatory for India to update its NDC. It can update it during the global stocktake in 2023. Whatever India announces will be on a voluntary basis,” he said. “Developed countries have been pushing India to announce a net-zero emissions target. But for us, our position is clear, action has to be taken based on historical responsibility which means they (developed countries) transition to net-zero emissions first leaving carbon space for us to grow.”

India is expected to push for climate justice and a contribution based on historical accountability during the negotiations, in a position comparable to 24 other like-minded developing countries (LMDCs), including China.
The LMDCs issued a statement on October 18 calling for a goal of net zero for all countries by the middle of the century that is “anti-equality” and against “climate justice”.

“Despite their lack of ambition shown in the pre-2020 period, as well as in their Paris Agreement NDCs major developed countries are now pushing to shift the goalposts of the Paris Agreement from what has already been agreed by calling for all countries to adopt net zero emissions targets by 2050,” said the statement. By 2050, all countries will have net zero emissions, which will widen the existing disparities between developed and developing countries.

Carbon markets, losses and damages, as well as a transparency mechanism included in the agreement are the main topics likely to be discussed at COP 26. India should push for carbon certificates in due course.

“There can be multilateral and bilateral trade in carbon credits. We are also saying that whatever the value of each carbon credit in bilateral trading, 2% of that amount should go into the global adaptation fund which can be distributed as climate finance. Most of the money from carbon markets will otherwise be circulating in bilateral trading. The developed countries are not agreeing to this and they are also against trading of CDM era credits. This will have to be resolved,” the official cited above said.

India should support the perspective of the least developed countries and the countries most exposed to the effects of climate change in terms of loss and damage, or support a mechanism by which countries are exposed to the irreversible effects of a climate crisis, such as: B • Rise in sea level, loss of biodiversity or extreme weather conditions. The draft text on the mechanism was weak and could not be finalized at COP 25 in Madrid.

“The floods, unseasonal rains, severe cyclones have increased in frequency and severity. There is a 1.2-degree rise in global temperature and we are already seeing this. Island countries and all vulnerable nations need to be compensated for such events. We will support the least developed countries on Loss and Damage because we are also suffering. It needs to be resolved how this money will come through insurance or trust fund, etc,” the official said.

India is also ready to make a partial refund, but is also awaiting compensation. “Our main task at COP 26 is climate finance. The industrialized countries are trying to show that the promise of 100 billion dollars will be kept. They also count business investments for climate finance. This is not acceptable , ”the official said.

Sources:- Hindustan times



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