India took a bold stance at CoP29 in Baku, emphasizing the need for unrestricted technology transfer, equitable climate finance, and global collaboration to address climate change effectively.
Speaking at the 2024 Annual High-Level Ministerial Roundtable on Pre-2030 Climate Change Mitigation, Leena Nandan, Secretary of the Ministry of Environment, Forest and Climate Change (MoEFCC), outlined four critical priorities for advancing climate action.
Urgency for Decisive Action
Highlighting findings from the 2024 Nationally Determined Contributions (NDCs) Synthesis Report, Nandan underscored the urgency of the pre-2030 period.
She pointed out that 86% of the remaining carbon budget to limit global warming will be consumed between 2020 and 2030.
“The Pre-2030 period is an opportunity to act decisively and enhance global climate action,” she said.
Unrestricted Green Technology Transfer
India called for the removal of barriers hindering the transfer of green technologies to developing nations.
Nandan stressed that Intellectual Property Rights (IPR) restrictions prevent the large-scale deployment of innovative, low-carbon solutions.
She urged CoP29 to deliver actionable outcomes enabling unrestricted technology deployment.
Call for Equitable Climate Finance
India also demanded that developed nations honour their longstanding financial commitments.
Nandan emphasized the need for public, equitable, and accessible climate finance to help developing countries meet their climate goals without incurring undue economic burdens.
She warned that the existing funding gaps disproportionately affect nations most vulnerable to climate change impacts.
Collective Action Over Unilateral Measures
The Indian delegation highlighted the importance of international cooperation and cautioned against unilateral trade measures that unfairly shift financial responsibilities onto developing countries.
“True pre-2030 ambition requires collective action with measurable outcomes,” Nandan stated.
Building Trust
Mutual trust emerged as a cornerstone of India’s vision for global climate action.
Nandan called on developed nations to demonstrate their commitment by fostering trust and ensuring the success of CoP29.
This CoP is an opportunity for developed countries to prove their dedication. It also lays the groundwork for peaking global emissions by 2030, she concluded.
As reported by businessword.in, India’s intervention at CoP29 served as a call to action. It urged developed nations to step up and collaborate for a sustainable, equitable future.
