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Survey highlighted that current global approach ignores interconnected nature of existence.
How Global Approach is flawed?
- Inadequate funding: Only USD 100 billion was pledged by developed countries till 2020, far short of ~USD 6 trillion which developing countries need by 2030 to meet half of their climate targets.
- Ignore Per capita Emissions data: E.g., India, world's third-largest emitter, is urged to take greater responsibility, despite its low per capita emissions & cumulative historical contribution (1850-2019) i. e. 4 % of global emission.
- Overestimate Probabilities: Nuclear energy is cleanest and safest option, but public fear of rare accidents hinders its adoption. E.g. Chernobyl and Fukushima disaster.
- High Energy Demanding Technologies: Rich countries are ramping up energy infrastructure, especially for artificial intelligence which is more energy-demanding.
India’s Progress on climate action
- Created Carbon Sink of about 1.97 billion tonnes of CO2 equivalent between 2005- 2019.
- India to make an additional carbon sink of 2.5 to 3.0 billion tonnes through tree and forest cover by 2030.
- Target to reduce emissions intensity of India’s GDP was enhanced to 45% (from 33-35%) by 2030 from 2005 level.
- Mission LiFE focuses on bringing about behaviour changes in individuals for combatting climate change.
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