Minister call for affordable, accessible climate technology
Environment Minister Bhupender Yadav underscored the momentum created by the Nuclear Mission and Green Hydrogen Mission in advancing India’s path to Net Zero by 2070 which was supported by initiatives such as the International Solar Alliance and Global Biofuel Alliance.
He delivered India’s National Statement at the High-Level Segment of 30th Meeting of Conference of Parties (CoP30) to UNFCCC, at Belém, Brazil, on 17 Nov.
Minister, also in-charge of Forest and Climate Change, urged Developed Countries to demonstrate greater climate ambition and honour their commitments. Developed countries must reach net zero far earlier than current target dates and deliver new, additional, and concessional climate finance at a scale of trillions, not billions.”
He further stressed the need for affordable, accessible climate technology and stated that climate technology must be free from restrictive intellectual property barriers.
The Minister highlighted that India highlighted that India’s emission intensity has declined by over 36% since 2005, and non-fossil sources now account for more than half of our total electric power installed capacity (currently around 256 GW), an NDC target achieved five years ahead of our 2030 goal.
He further informed COP delegates that India would be declaring its revised NDCs till 2035 and also the first Biennial Transparency Report on time.
Yadav reaffirmed India’s commitment to global climate cooperation and justice. “Let the next decade be one of implementation, resilience and shared responsibility,” he underlined. Fiinews.com
