Indian Prime Minister told US Climate Envoy New Delhi he is committed to meeting commitments made under the 2015 Paris Climate Change Agreement and is in good stead. way to respect them.
Indian Prime Minister Narendra Modi told US Climate Envoy John Kerry India is committed to meeting its climate change commitments and Kerry has said the US will support those goals with affordable access to green technologies and finance.
India’s foreign ministry disclosed their comments after their meeting in New Delhi on Wednesday.
Kerry is traveling to the United Arab Emirates (UAE), India and Bangladesh before President Joe Biden holds a virtual climate change summit on April 22-23.
Modi said cooperation between India and the United States, especially on financing innovation and faster deployment of green technologies, would have a positive effect on other countries, the statement said.
Modi told Kerry that India is on the right track to honor its commitments under the 2015 Paris climate change agreement.
Kerry, the special presidential climate envoy, said he had spoken with Modi on how the United States could help mobilize finance by bringing “concessional finance” to the table to reduce risk. of India facing the first losses during the transition to clean energy.
Then the United States could “bring more money to the table for normal trade investment that could quickly start producing alternative fuel,” Kerry said, speaking at an International Monetary Fund seminar in New York. Delhi.
India has pledged to reduce the greenhouse gas emissions intensity of its gross domestic product (GDP) from 33% to 35% by 2030, to increase electricity generation capacity from non-fossil fuels from 28% to 40% in 2015 and significantly increase forest cover to reduce carbon dioxide.
Environment Minister Prakash Javadekar recently said India had already achieved 21% of its commitment to reduce its greenhouse gas emissions per unit of economic output from 33 to 35% by 2030.
The Paris agreement aims to keep the increase in average temperatures around the world “well below” 2 degrees Celsius (3.6 degrees Fahrenheit) above pre-industrial levels.
Scientists have said that any rise beyond 2 degrees Celsius could have a devastating effect on large parts of the world, raising sea levels, fueling tropical storms and worsening droughts and floods.
In her meeting with Kerry on Tuesday, Indian Finance Minister Nirmala Sitharaman stressed the need for developed countries to maintain their annual commitment of $ 100 billion in funding to developing countries so that they can take action significant in the fight against global warming.