India reiterates provisions for finance, technology transfer for climate actions | Current Affairs, Current Affairs 2018

India reiterates provisions for finance, technology transfer for climate actions

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India’s Minister of Environment, Forest and Climate Change Harsh Vardhan on Thursday reiterated that provisions for finance, technology transfer and capacity building support to developing nations are critical.
“We need not always wait for scientific reports to act,” he said at the high-level ministerial meeting of the UN Climate Change conference in Bonn.
“Additional and early pre-2020 actions by developed countries under the Kyoto Protocol and provision of finance, technology transfer and capacity building support to developing countries are critical for limiting the global temperature rise to two degrees Celsius by end of the century,” he said.
Saying this Conference of Parties (COP 23) is crucial as it would set the stage for the 2018 Facilitative Dialogue, accelerate pre-2020 action and firm up the modalities for implementation of the 2015 Paris Agreement, the Minister said India has undertaken ambitious mitigation and adaptation actions.

The actions are in the field of clean energy, especially renewable energy, enhancement of energy efficiency, development of less carbon intensive and resilient urban centers and promotion of waste to wealth and efforts to enhance carbon sink through creation of forest and tree cover.
“India has taken ambitious targets in its Nationally Determined Contributions and is on path for achieving those.”

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