India calls for more climate finance

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The photo has been used for illustrative purposes.

In a statement ahead of the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) in Egypt, which began on November 6, India urged rich countries to fulfill their promise to provide $100 billion a year in climate finance to developing nations and urged them to increase the amount for future years at next week’s UN climate conference. In 2009, the developed countries most responsible for global warming pledged to donate $100 billion per year by 2020 to help developing nations deal with its consequences.

From November 6 to 18, heads of state, ministers and negotiators, along with climate activists, mayors, civil society representatives and businesses will gather in the Egyptian coastal city of Sharm el-Sheikh for the largest annual meeting on climate action.

“The goal of $100 billion per year of climate finance by 2020 and every year thereafter through 2025 has yet to be achieved…While the promised amount must be achieved as quickly as possible, ambition now needs to be substantially improved to ensure an adequate flow of resources under the new post-2024 quantified target,” the government said in a statement.

COP27 hopes to build on the outcomes of COP26 to take action on a range of critical issues to address the climate emergency, from urgently reducing greenhouse gas emissions, building resilience and adapting to the inevitable impacts of climate change. climate, until the fulfillment of the financing commitments. climate action in developing countries.

In the face of a growing energy crisis, record greenhouse gas concentrations and the increase in extreme weather events, COP27 also seeks renewed solidarity among countries, to deliver on the historic Paris Agreement, for people and the planet.

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Apart from the official delegation, according to a report by the Indian Express, four Indians have also been selected for the conference for their works in initiating impactful climate action. They were shortlisted from 300 people by the United Nations Development Programme, UNICEF and the Indian Ministry of Environment, Forests and Climate Change. They are Nikhilkumar Panchal from Ahmedabad, Prachi Shevgaonkar from Pune, Elizabeth Eapen from Pathanamthitta and Suhana RH from Thiruvananthapuram in Kerala.

Eapen (22) has developed a waste reduction project for her university cafe through initiatives such as “bring your own cup”, separating waste into color-coded bins, and installing water coolers in the cafeteria. Panchal (24) is one of the founders of the start-up ‘Green Aadhar’, a digital infrastructure for the plastic waste management sector. Suhana RH has started waste management in the Karimadom slum in Thiruvananthapuram. Shevgaonkar is one of the founders of Cool The Globe, a climate action app that encourages people to make small changes to their lifestyle. The app has 30,000 users from 110 countries and together has saved 2 million kg of greenhouse gas emissions, which is equivalent to planting around 100,000 trees.

However, on a more somber note, a recent IndiaSpend article noted that India’s plans to decarbonize the heavy transport segments of aviation, shipping, and trucking are still at a nascent stage and needed. new policies to ensure and support its transition to clean energy for India to meet its climate change promises, according to various studies and climate change policy experts. These sectors are among the largest greenhouse gas (GHG) emitters globally, accounting for a quarter of all GHG emissions, according to an October 2020 report from the Washington DC-based Brookings Institution.

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The article notes that in India, the aviation and shipping segments currently account for negligible emissions compared to trucks, four-wheelers, and buses, reflecting their lower usage compared to road transport. road and rail, according to a June 2022 study by the Delhi-based New- Council for Energy, Environment and Water (CEEW). However, GHG emissions from the transport sector are expected to rise at a much faster rate in developing countries alongside rising incomes, population and urbanization, says a 2018 report by the Intergovernmental Panel on the Climate Change (IPCC) of the United Nations. Unless sustained emission mitigation policies are implemented, the sector’s emissions could increase at a faster rate than any other energy-using sector, according to the IPCC report.

The IndiaSpend article examined how India plans to decarbonize its heavy transport segments and found that transitioning these segments to clean energy is not straightforward. While passenger transport vehicles such as four-wheelers, three-wheelers, two-wheelers and buses will see a structural transition to electric vehicles by 2050 in India, according to the CEEW study, changes in heavy transport will take much longer because of the lack of technology or the high costs of existing alternatives.