Why in the News?
India clarified its stance regarding climate negotiation at the Plenary Session of the UNFCCC-COP29.
India's stance on various aspects
- New Collective Quantified Goal (NCQG): Proposed a goal of $1.3 trillion annually, with $600 billion coming from grants or equivalent resources.
- Mitigation:
- Opposed changes to the scope of the Mitigation Work Programme (MWP) and attempts to alter temperature goals in the Paris Agreement.
- Urged recognition of the pre-2020 mitigation gap by developed countries (Annex I Parties).
- Just Transition:
- India asserted that developed countries should provide financial and technological support to developing countries for a just transition.
- Just transitions must respect the right to development and sustainable priorities of developing countries.
- Global Stocktake (GST):
- Opposed follow-up mechanisms for GST outcomes, citing the Paris Agreement's framework.
- Criticized the UAE dialogue text for its lack of connection to finance, imbalance, and mitigation-centric language.
- Proposed specific revisions to better align the text with finance and emission trends.
- Adaptation:
- India called for clear indicators to measure progress on adaptation.
- Opposed the use of third-party databases for reporting indicators, advocating for Party-submitted data only.
- Supported the establishment of the Baku Road Map to advance work on the Global Goal on Adaptation (GGA).
India's participation in various Side-events during COP29
|
