Prime Minister Narendra Modi told the World Climate Summit at COP26 in Glasgow last year that India will meet its zero net emissions target by 2070.
Prime Minister Narendra Modi told the World Climate Summit at COP26 in Glasgow last year that India will meet its zero net emissions target by 2070.
India, in a strong joint interregional statement on behalf of 10 nations, including China, said on Tuesday that developing countries must have an additional period of time beyond 2050 to achieve zero net emissions due to their poverty eradication and development goals. and that is why developed nations should make a net negative in the middle of the century and leave the carbon space for developing countries.
The Permanent Representative of India to the Ambassador of the United Nations, TS Tirumurti, made a joint transregional statement on behalf of India and Bolivia, China, Gabon, Iran, Iraq, Mali, Nicaragua, Panama and Syria on “Global Net Zero” in the context of the fight against climate change.
“We need a clear recognition that developing countries will need much more time beyond 2050 to reach Net-Zero given their overall goals of poverty eradication and development and will reach their peak after developed countries do. They will need to be given an additional period of time to reach their peak and move towards Net-Zero, which will be beyond 2050, “said the joint statement, made by Mr. Tirumurti.
“Therefore, we ask developed countries to make a Net-Negative in 2050 in order to leave the carbon space in 2050 for developing countries to grow until they also reach Net-Zero. We ask them to make a Net-Zero. “Zero much before 2050, so that the world does not, in fact, move away from achieving the Paris goals,” the joint statement said.
The statement added that “it is clear that a global Net-Zero, where developing countries take longer to reach Net-Zero, can only be achieved if developed countries reach Net-Zero by 2050. Therefore, developing countries must reach Net Zero well by 2050 in order to achieve the global goal of zero net by the middle of the century “on the basis of equity, common but differentiated responsibilities (CBDR), the poverty eradication and sustainable development.
The UN has stated that in order to keep global warming at no more than 1.5 ° C, as stated in the Paris Agreement, greenhouse gas emissions must be reduced by 45 % in 2030 and reach zero net in 2050. The world organism has explained. that zero net “means reducing greenhouse gas emissions to zero as much as possible, with the remaining emissions reabsorbed from the atmosphere, for example by the oceans and forests.” Prime Minister Narendra Modi told the COP26 World Climate Summit in Glasgow last year that India will meet its zero net emissions target by 2070.
In the interregional declaration presented on the occasion of World Environment Day, Mr. Tirumurti said the 10 countries welcomed the text of the Paris Agreement which provides for a “global peak”. He referred to Article 4 of the Paris Agreement, which states that “In order to achieve the long-term temperature target set out in Article 2, the Parties shall seek to achieve the global peak greenhouse effect as soon as possible, recognizing that peak countries will take longer to develop. ” “We believe that the word ‘global peak’ is a conscious and considered insertion into the text of the Paris Agreement with full recognition that the peak will take longer in developing countries. Developed countries, given their historical emissions, they will have to come first, which is why it refers to the “global peak” and not the “individual peak,” he said.
The statement added that with this in mind, it is logical “that when parts of developing countries arrive later than developed countries, they will also achieve Zero Net later than developed countries.
Consequently, it is the logical conclusion of Article 4 of the Paris Agreement that when we consider the net zero, we should only consider the “global net zero” and not the “individual net zero” for 2050. Any other interpretation will be contrary to Article 4.4 of the Paris Agreement, “the statement said.
The joint statement also called on developed countries to take clear and time-limited steps to ensure that they meet their Paris commitments, which include not only mitigation targets but also adaptation, loss and damage targets, specific funding for climate change, technology transfer and capacity building. .
The latest report from the Intergovernmental Panel on Climate Change acknowledges that while global climate finance has shown an upward trend, current global financial flows for adaptation, including those from sources of public and private funding, are insufficient and restrict the implementation of adaptation options, especially in development. countries.
“Consequently, we urge developed countries to increase their ambition in their zero-net target years with clear and short-term goals for mitigation and accelerated provision of climate finance, technology transfer and other support for implementation. “The challenges of rapid global warming cannot be met by improving the ambition of mitigation alone,” he said.
In addition, Global Net Zero is also fully in line with the principles of CDR and equity, enshrined in the United Nations Framework Convention on Climate Change (UNFCCC).
Calling those nations calling for an “individual net zero” goal, the joint statement said that “accordingly, the goal is to reach a” global net zero “by 2050 and not an” individual net zero “that is being done now, it was tried to do as a template for all countries “. He noted that recent reports from the Intergovernmental Panel on Climate Change (IPCC) highlight highly disproportionate emissions between developed countries and the rest of the world.
The joint statement also stressed that the G21 Summit Leaders’ Declaration in 2021 referred to the relevance of achieving global net emissions of zero greenhouse gases or carbon neutrality by or around the middle of the century. .
Prime Minister Modi had told Glasgow that developed nations must meet the $ 1 trillion promised as climate finance, saying that monitoring should be done in the same way as climate mitigation.
“India expects developed countries to provide $ 1 trillion in climate finance as soon as possible. As we monitor the progress of climate mitigation, we must also monitor climate finance. it will really do justice if it puts pressure on those countries that have not met their financial commitments for the climate, “Modi had said.