10-point guide to Prime Minister Narendra Modi’s surprise engagement at the COP26 climate summit

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India is the only country that respects “the letter and the spirit” of its commitments under the Treaty of Paris, the prime minister said.

New Delhi:
Prime Minister Narendra Modi surprised the COP26 climate summit with a bold pledge: the world’s third largest emitter will reach net zero by 2070. India is the only country to keep its commitments “letter and spirit” under of the Treaty of Paris, he said.

Here are the top 10 updates on this great story:

  1. “By 2070, India will reach the goal of net zero emissions,” Narendra Modi told more than 120 leaders at the critical talks. Although India’s target is two decades behind developed countries such as the US and UK, it is consistent with what scientists say is necessary to avoid catastrophic global warming.

  2. Prime Minister Modi also said India would increase its 2030 target for installed capacity of “non-fossil energy” – mainly solar – from 450 to 500 gigawatts. In addition, 50 percent of the country’s energy needs will be met from renewable sources by the same date, he said.

  3. Prime Minister Modi, however, reiterated his position that emission reduction commitments from India and other developing countries would require funding from rich historical emitters.

  4. “India expects the developed countries of the world to make $ 1 trillion available for climate finance as soon as possible,” Prime Minister Modi said, without specifying how these funds should be distributed. The $ 1 trillion figure is 10 times the annual climate finance target set by rich countries. “Justice would demand that nations that have not kept their climate commitments come under pressure,” he said.

  5. He also called for climate finance flows to be tracked alongside progress in reducing greenhouse gas emissions, which is closely monitored.

  6. PM Modi’s announcement is consistent with what research shows there is a need to achieve this goal. To prevent temperatures from rising more than 1.5 ° C, the UN climate change panel predicts that the world must reach net zero carbon dioxide emissions by mid-century, then reach net zero for all greenhouse gases by 2070, according to Bloomberg.

  7. India is the latest of the world’s top carbon polluters to announce a net zero target, with China saying it will meet that target in 2060, and the US and EU aiming for 2050.

  8. Under the Paris Agreement, countries that submitted carbon reduction plans under the 2015 treaty were to provide updates five years later, by the end of 2020.

  9. At the opening of COP26, leaders of developing countries expressed frustration that rich countries have repeatedly failed to deliver on their pledge to raise more funds to help them decarbonize and adapt to a planet in warming. However, in their speeches on Monday, it was the smaller and poorer countries that mobilized.

  10. India has the lowest per capita emissions of the world’s major economies – emitting five percent of the total, despite making up 17 percent of the world’s population.


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