UNFCCC COP 26 at Glasgow

UNFCCC COP 26 at Glasgow

Subject: Environment

Section: Climate Change

Context- India’s successes at Glasgow.

Concept:

• Delivering the National Statement at the cop26 Summit in Glasgow, Prime Minister Narendra Modi reminded the world that despite being home to 17 percent of the world’s population, India has been responsible for only 5 percent of the global emissions.
• From the cop26 stage, the prime minister announced India’s commitment to “Panchamrit”:
  • India will bring its non-fossil energy capacity to 500 GW by 2030.
  • India will bring its economy’s carbon intensity down to 45 per cent by 2030.
  • India will fulfil 50 per cent of its energy requirement through renewable energy by 2030.
  • India will reduce 1 billion tonnes of carbon emissions from the total projected emissions by 2030.
  • India will achieve net-zero by 2070.
• India expects developed countries to provide climate finance of $1 trillion at the earliest.
• India also launched the Infrastructure for Resilient Island States (iris), which will work to achieve sustainable development through a systematic approach to promote resilient, sustainable and inclusive infrastructure in Small Island Developing States.
• A major boost for India-initiated International Solar Alliance (isa) came when US Special Presidential Envoy for Climate John Kerry announced at cop26 that the US has joined the isa as a member country. The membership of isa thus rose to 101.
• India also launched the Green Grids Initiative-One Sun One World One Grid (ggi-osowog) along with the UK.
  • ggi-osowog will bring technical, financial and research cooperation to help facilitate cross-border renewable energy transfer projects, which will provide osowog its global infrastructure.
• India and other developing countries were also successful in keeping the agenda of long-term finance under the convention alive till the year 2027, while developed countries wanted to end this agenda under the convention.