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Developed countries should net-minus to free up carbon space in 2050 for the development of developing countries: India

India has underlined that the goal of achieving net-zero emissions by 2050 should be based on the principle of equity, “net-minus” to developed countries with the latter given their respective sustainable development paths .

Net-zero emissions mean that the world is not adding new emissions to the atmosphere.

UN Secretary-General Antonio Guterres has stressed that emissions must be halved by 2030 to reach the 1.5 Celsius target of the Paris Agreement and net-zero emissions no later than 2050.

“While the concept of net-zero is being discussed, it is important to understand its implications. India’s Permanent Representative to the United Nations TS Tirumurti on Friday said a global net-zero should be based on the principle of shared but differentiated responsibility and equality, where developing countries will later reach the summit given their respective sustainable development paths. .

Speaking at the United Nations General Assembly General Debate of the Second Committee on ‘Crisis, Resilience and Recovery – Rapid Progress towards the 2030 Agenda’, he said, “As a result, to free up carbon space in 2050 for the development of developing countries, Developed countries should really net-minus.”

“If developed countries are only doing individual net-zero, then we are actually going far from achieving the Paris goals. And equally, developed countries must first show that they are not talking about 2050.” First moving forward to achieve our 2030 commitments,” he said.

India also underlined the need to stay away from “cherry-picking” an inclusive and comprehensive framework built around the United Nations Framework Convention on Climate Change (UNFCCC), to which all member-states negotiated and subscribed.

“One should not decide for all. India will not support any effort that is against a member-state driven process and is not in the interest of developing countries.

In a video statement at the UN High-Level Dialogue on Energy 2021 on the sidelines of the 76th General Assembly session last month, RK Singh, Minister of Power and New and Renewable Energy, said nations discuss energy transition, energy access and finance. “I would like to reiterate the importance of being fully sensitive to the energy-mix of different countries and national circumstances. There may not be a one-size-fits-all solution.”

Tirumurti also emphasized that there is still a huge gap in achieving the commitment of the developed countries to provide $100 billion for climate action.

“This amount is less than the amount the NFL earns on media rights! Still we are struggling to raise $100 billion, although we claim it is an existential issue! So, it is time we Be serious about climate action, especially developed countries,” he said.

Tirumurti said India’s initiatives such as the International Solar Alliance and the Coalition for Disaster Resilient Infrastructure are examples of India’s contribution to the global climate partnership.

He said that India is the only country in the G20 in the matter of climate change which is moving towards meeting the goals of Paris. “We are moving towards the target of 450 GW of renewable energy. We are working to make India a Green Hydrogen Hub. The share of renewable energy in the energy mix has increased significantly to 38 per cent.”

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