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Economic survey: India seeks a ‘fair share’ in new climate of growth

Times of India, Delhi, 10th July 2014

 

Underlining India's key role in climate negotiations, the Economic Survey has hinted at the roadmap where New Delhi would push its right to grow while simultaneously seeking to cut down carbon emissions.


"The deals must ensure that developing countries are given their fair share of 'carbon' and development space," said the Survey.



The suggestions come ahead of a crucial UN climate change summit in New York in September which may lay the ground for negotiations to reach a global deal by the end of 2015 in Paris.


Though the Survey talked about the country's well-stated position, its remarks clearly show that the new government would move towards the goal more emphatically while pitching for its development agenda to end poverty.



The final deal in Paris will clear how developed and developing countries will be treated under the new global agreements.



Prior to this, the Kyoto Protocol brought only the historically responsible polluters (developed countries which industrialized first and thereby polluted more) to pay. However, the new deal will apply to all.



In this context, it is important that any future agreement should fully take into account India's development concerns.



The Survey said, "Historical responsibility of developed countries and 'equity' in access to global atmospheric resources should continue to be the basis of defining the nature and level of commitments under the international arrangements."


At the same time, it noted that the developing countries, including India, lack the resources to effectively respond to sustainability and climate challenges and pitched for support from rich nations.



"While In India climate change and sustainability are being mainstreamed in the development process, global cooperation and substantial additional funding are required. If resources of this magnitude are not available, outcomes in terms of growth, sustainability and inclusive development are likely to be suboptimal," said the Survey.