India set to stay to its stand at COP26: Polluters ought to pay

India will finalise its stand on numerous points associated to the COP26 convention in Glasgow subsequent month, on the Cabinet assembly on October 27, it’s learnt.

India’s principal rivalry on the summit will proceed to revolve across the switch of expertise and local weather finance from developed to growing nation, in line with sources within the Ministry of Environment, Forests and Climate Change.

Among key points on the summit will probably be local weather fair proportion, local weather ambition, local weather finance, loss and injury leverage, and carbon markets.

Officials mentioned India’s stand on local weather change will probably be that developed international locations have an even bigger contribution in environmental injury. A senior Environment Ministry official mentioned. “We believe in the polluters-pay principle, and that will be our stand at COP26 — that developed countries, which have historically contributed to most emissions that have led to the temperature rise and climate change, take the responsibility of assisting developing nations financially by putting a compensation mechanism in place.”

Explained: The extensive emission hole

India’s annual per capita carbon emission is 1.96 tonnes per particular person, towards China’s 8.four tonnes per particular person. Other large emitters embody the US (18.6 tonnes per particular person) and the European Union (7.16 tonnes per particular person). The world
common is 6.64 tonnes per particular person.

Source

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