COP 26: India pushing for Green Tech Transfer

India has been asserting and reaffirming its take on the transfer and financing of the green technologies by developed countries to developing nations, ahead of the Conference of Parties (COP 26).

Highlights

• COP 26 to the UN Climate Change Conference (UNFCCC) is scheduled to held in November 2021 in Glasgow.
• Green Technology transfer is viewed as a key to secure an ambitious outcome to upcoming climate negotiations.

India’s efforts towards climate change

• India has been asserting regularly that the developed countries should fulfil their promise of $100-billion aid made in 2009.
• India has been reminding developed nations regarding their responsibility of mitigation and providing financial support to developing countries.
• Recently, India received ‘Blue Flag’ tag for 2 Indian beaches, Kovalam (TN) and Eden (Puducherry), by the Foundation for Environment Education. It is another milestone in India’s journey towards green India.

Meeting with UN Secretary General

• During the meeting with UN Secretary General, Antonio Guterres, Indian Environment Minister noted that, COP 26 should focus on climate finance in scale, scope & speed and transfer of green technologies at low cost.
• Indian Minister also underlined the need of upholding the principles of UNFCCC process for any successful outcome in climate change negotiations.
• During the meeting, crucial climate actions on finance, mitigation and adaptation are required to tackle the climate crisis were also discussed.

United Nations Framework Convention on Climate Change (UNFCCC)

UNFCCC was established as an international environmental treaty to combat the “human interference with the climate system”. It was established in part by stabilizing the greenhouse gas concentrations in atmosphere. The treaty was signed by 154 states at the United Nations Conference on Environment and Development (UNCED) or the Earth Summit in 1992. Its headquarter is in Bonn.

Month: Current Affairs - September, 2021