Context IndianPrime Minister said at the COP26 summit in GlasgowthatIndia will achieve net zero emissions latest by 2070.
Key takeaways
By 2030, India will ensure 50% of its energy will be sourced from renewable energy sources.
India will reduce its carbon emissions by 2030 by a billion tonnes.
India will also reduce its emissions intensity per unit of GDP by less than 45%.
India also emphasised that in the spirit of climate justice, rich developed countries ought to be providing at least $1 trillion in climate finance to assist developing countries and those most vulnerable.
Climate adaptation must be given importance too.
Criticism: According to several experts, Taking on net zero targets requires a sharp shift to clean energy sources that will impose a steep cost.
2021 marks the 26th Conference of Parties (thus the name COP26) and will be held in the Scottish Event Campus in Glasgow.
The UNFCCC was established to work towards “stabilisation of greenhouse gas concentrations in the atmosphere.”
It laid out a list of responsibilities for the member states which included:
Formulating measures to mitigate climate change
Cooperating in preparing for adaptation to the impact of climate change
Promoting education, training and public awareness related to climate change
India hosted the eighth COP from October 23 to November 1, 2002 in New Delhi.
One of the most important conferences, COP21 took place in 2015, at Paris, France. Member countries agreed to work together to ‘limit global warming to well below 2, preferably to 1.5 degrees Celsius, compared to pre-industrial levels.’