It’s responsibility of rich nations to pay for climate damage: Environment minister Yadav | India News – Times of India

NEW DELHI: Environment minister Bhupender Yadav on Thursday said it’s the responsibility of rich nations to compensate developing countries as the current impact of climate change is the result of the developed nations’ historical cumulative emissions of greenhouse gases (GHG).
His remarks came merely four days after a landmark agreement at UN climate talks (COP27) in Sharm el-Sheikh on setting up a ‘loss and damage’ fund for supporting poor vulnerable countries that are victims of climate change. The remark assumes significance as it clarifies the country’s stand over the demand from certain quarters, mainly developed countries, that the big economies like India and China should also contribute to the ‘loss and damage’ fund.

Yadav brought up this point and other issues such as climate justice, equity and importance of moving towards a sustainable lifestyle during his conversation with M K Anand, MD & CEO, Times Network, at the Times Now Summit. He also emphasised that India has been sincerely moving towards its climate action targets — nationally determined contributions(NDCs) — and is among the only 30 countries which have, so far, updated their NDCs with higher mitigation goals.

Underlining India’s concept of Mission LiFE (lifestyle for environment), the minister noted how the issues around sustainable lifestyle found their place in the cover decision of the COP27 outcome recognising what the country has been pitching for to drive the world towards mindful consumption of resources to reduce carbon footprints at individual levels.
He also emphasised individuals’ rights to energy security and noted how renewable energy could be an answer to it.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *