Rich nations must take lead, says India on raising ambition at COP27

New Delhi: India on Monday firmly resisted calls for developing countries to raise ambitions at the ongoing UN climate summit in Egypt, saying “goalposts are being shifted constantly” while rich nations have “enormously” failed in delivering the technology and financial resources needed for low-carbon development. Making an intervention at the “Ministerial High-Level Roundtable on Pre-2030 Ambition”, Union Environment Minister Bhupender Yadav said the developed countries must take the lead in raising ambitions as the bulk of finance and technology is available with them. “The convention (UNFCCC) and the Paris Agreement both recognise this, but we have not had adequate action,” he said. Yadav said the historical cumulative emissions of countries should be the measure of their responsibility to raise ambitions and that some developed nations “must reach net zero even before 2030” as their goal to become carbon neutral by 2050 is “not enough at all”. Last week, developed countries proposed that discussions on a new plan to scale up mitigation and ambition should focus on all top 20 emitters, including India and China, and not just the rich nations which are historically responsible for climate change. However, India blocked the attempt with support from like-minded developing countries, including China, Pakistan, Bangladesh, Sri Lanka, Nepal and Bhutan. At the roundtable on pre-2030 ambition, India said not delivering financial resources to developing countries is an “enormous failure” and calling for ambition from the developing countries is “not meaningful if the time required for low-carbon development is not recognised”. “Unfortunately, with every decade, with every new agreement, with every new scientific report, more and more action is demanded from the developing countries. If goalposts are changed constantly, it will not yield results but only words and promises,” Yadav said. The minister said it must be recognised that the opportunities for ambition vary across parties. If not, efforts to increase ambition from those who have little to give will only result in inaction, he added. A key theme at COP27 is a call for rich nations, responsible for a large share of historical emissions and global warming, to deliver technology and finance to help developing and poor countries fight climate change. Developed countries are expectedly pushing developing nations to further intensify their climate plans.Yadav said increasing ambition requires “public action” which includes public sources of climate finance and technology. “Leaving it to markets alone will not help. Markets do not function well in normal times, but either do not function or function very inequitably in moments of crisis. We see this with the energy crisis in developed countries,” he said. He also said that the right sectors must be identified for ambition and targeting small farmers for mitigation in the name of ambition would be a serious mistake.“If we target domestic and public lighting, and increase the use of clean fuel to replace biomass, we can achieve some significant gains in low-carbon development,” the minister said. Read all the Latest News , Trending News ,  Cricket News , Bollywood News , India News and Entertainment News here. Follow us on Facebook, Twitter and Instagram.