India makes Decisive intervention at the Annual High-level Ministerial Roundtable on pre-2030 Ambition for Mitigation of Climate Change
India makes Decisive intervention at the Annual High-level Ministerial Roundtable on pre-2030 Ambition for Mitigation of Climate Change
India today made an important intervention during the ‘2024 Annual High-level Ministerial Roundtable on pre-2030 Ambition’, at the CoP29 of the UN Climate Change Summit in Baku, Azerbaijan. It was based on the country’s expectations for the overall package on Climate Change Mitigation at CoP29, while harnessing the results from relevant work to shape the mitigation outcome at the Summit.
Stating some facts on Climate Change, Secretary (MoEFCC) & Dy. Leader of Indian Delegation, Ms. Leena Nandan, noted that as per the 2024 Nationally Determined Contributions (NDCs) Synthesis report, the cumulative CO2 emissions in the period 2020 to 2030 are likely to use up 86 per cent of the remaining carbon budget. Therefore, “Our discussions and deliberations are happening at a crucial time to act decisively. The Pre-2030 period is an opportunity. It is an opportunity to enhance global climate action”, it noted.
India asserted that this ambitious action-oriented approach hinges on bold actions from those parties who are obligated to take the lead in economy-wide emission reductions. Achieving Net-zero by the Developed countries would set the foundation for a more sustainable and resilient world in this critical decade and the decades to come.
India’s statement clearly stated that it also requires a focus on equity and common but differentiated responsibilities and respective capabilities (CBDR-RC), climate justice in science, policy and practice, ensuring that Developing nations are not burdened with the failures of mitigation actions of pre-2020 regime, and that climate solutions are both effective and just.
India highlighted 4 important aspects of Global Climate Action, which Parties must address:
i) Need for scaling up innovative actions through barrier and restrictions free technology transfer:
ii) Climate Finance is central for enabling and implementing climate actions:
iii) Enhancing International Cooperation:
iv) Mutual TRUST
Highlighting Mutual Trust as the key factor in the global fight against Climate Change, India asserted that it is an opportunity for the Developed countries to ensure the success of this CoP and foster TRUST to realise important milestones in climate ambitions by 2030.
India highlighted that the 2024 NDC synthesis report does not paint a gloomy picture altogether. 195 parties have submitted their NDCs with 180 having updated them. In 2030, total global GHG emissions are estimated to be around 2.6 per cent lower than in 2019, indicating the possibility of global emissions peaking before 2030. With the next NDCs due next year, these figures can only improve further. It will be safe to assume that all parties have come together to achieve this important milestone in the fight against climate change.
However, in this crucial CoP on Finance, the statement mentioned, in order to achieve this peaking, the conditional elements of the NDCs need to be implemented. This depends mostly on access to enhanced financial resources, technology transfer and technical cooperation, and capacity-building support; and availability of market- based mechanisms.