• Latest
  • Trending
Blitz India Special

Coping with the COP

May 15, 2023
Hindu temple site in UAE

Diplomats from over 30 countries visit Hindu temple site in UAE

May 29, 2023
PM MODI

Entire planet counting on India-US ties: US Envoy

May 29, 2023
seed

Kaveri Seed looking at more exports to Africa, Asia

May 29, 2023
house of ming

Delhi-inspired ‘House of Ming’ Chinese restaurant in London

May 29, 2023
Foreign Portfolio Investors

FPIs invest Rs 37,316 crore in Indian equities in May

May 29, 2023
The statement of a new Parliament

New Parliament building to herald rise of developed India: PM

May 29, 2023
Photo credit ,min.of mines

Over 120 Start ups & 20 major industries to take part at maiden Mining StartUps Summit to be held on May 29 in Mumbai

May 29, 2023
indo-uk

UK to enhance science, innovation ties with India

May 27, 2023
Nepal PM Prachanda to embark

Nepal PM on 4-day India visit from May 31

May 27, 2023
medicine norms

Pharma industry should focus on quality to compete globally

May 27, 2023
Growth

India to be 4th largest economy in 2 yrs: Vaishnaw

May 27, 2023
The statement of a new Parliament

PM to inaugurate new Parliament building on May 28

May 27, 2023
  • Login
  • Register
Blitzindiamedia
Monday, May 29, 2023
Contact
e-paper
  • Economy
  • India
  • International
  • News
  • Legal
  • TheBlitz Special
  • Opinion
  • Social
  • G20 PODIUM
  • More
  • Videos
  • Hindi Edition
  • UK Edition
No Result
View All Result
  • Economy
  • India
  • International
  • News
  • Legal
  • TheBlitz Special
  • Opinion
  • Social
  • G20 PODIUM
  • More
  • Videos
  • Hindi Edition
  • UK Edition
No Result
View All Result
World first weekly chronicle of development news
No Result
View All Result

Coping with the COP

by Blitz India Media
May 15, 2023
in TheBlitz Special
0
Blitz India Special
0
VIEWS

Now that the high-decibel talks and, at times sense of hysteria, has died down with the completion of COP27, it is real time to reflect and take stock. This COP raised some hopes in the developing world with its new steps on Loss and Damage and is indeed welcome, particularly from India’s point of view. Eventually, the COP ended with some cheers on new front and equal lament on not being able to really follow up in a concrete way on old promises.

Everyone says that it was series of very tough negotiations – wonder why it is so, if the danger to each country is real and same. What do we negotiate – English or really the local interest of each country? We are still far from unanimity and really walking the talk. So much for the much-touted global collaboration! It is the same old story of some who used up major resources of the earth and sit pretty telling the lesser mortals not to use anything of it, if they want to avert a global disaster. So, this COP was no different.

YOU MAY ALSO LIKE

India and Jordan compatriots in freedom

Deep-rooted ties with Argentina

Expectation are raised

One of the gains that everyone is talking about is the forward movement on Loss and Damages.

India has been raising this issue for a long time at several of these meets. What this decision has done is raised expectation of many to a very high level. Perhaps, the decision to establish a process on Loss and damages was important and long awaited. Not only did the meeting agree to bring it on the main agenda, but also decided to create a fund to assist vulnerable nations. It looked like coming when Denmark announced it earlier this year. Certainly, this is a good beginning but the road ahead is long and uncertain. Who estimates losses and how, who pays what are questions that will need a lot of effort to be sorted. $340 million has been pledged – insurance based? Doable? Now when we talk, we will do so not just about mitigation and adaptation but also this.

The other issue that seems to have dominated the conversation is on moving to talking about fossil fuel phase-down and not just coal phase-down. India has already got the coal phase-down in the conversa- tion but why should other fossil fuels be left out?

The other issue that seems to have dominated the conversation is on moving to talking about fossil fuel phase-down and not just coal phase-down. India has already got the coal phase-down in the conversation but why should other fossil fuels be left out? After all it is not the fuel but the emission that is the issue. So a stalled verdict on reduction in emission does not show the COP in any good light.

This also, somehow, points to the extreme limitation of COP on the issue. Indeed the ball is back in the court of individual countries. You have to fight your own emission battle. The larger question that will always be there is whether the countries have the finances or whether the promised global financial support will ever come.

India well on course

India on its part is well on its way to achieving the NDC targets. In fact, it’s one among the very few countries which are on their way to doing that. The debate in some quarters, whether the targets are ambitious enough, can continue but we need to just keep moving ahead.

The promises of Panchamrit, or the talk of LiFE, need to be put into action. The development imperatives are vital so we need to move on a path of responsible growth. It’s about India’s 5 trillionjourney which has to be a wellscripted story of transformation. We need to remember that 40% or so of India will live in cities by 2030, contributing many times to the GDP.

Sixty per cent of India will be middle class in the next decade, with global aspirations, demanding world-class infrastructure. But, this will have consequences – power consumption is estimated to go up by 13+% on YoY basis, Water consumption may double, we may be dealing with 500+ MT of waste. But, we cannot deny ourselves growth merely because of these consequences. Energy transition appears to be on track. We need to do things in a better way as about70% of the next decade India is still to be built.

Take LiFE call seriously The resources that are required for this need to be urgently mobilised. The structures that will carry this responsible growth need to be put in place. Climate Justice needs to be our central concern. It is imperative that we have a very good plan of achieving our development goals with increased reduction in emission. The Prime Ministers call on LiFE needs to be seriously taken all around. The talk should not just be on sustainable production, the focus should also be on sustainable consumption as well. Mitigation and adaptation must go hand in

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Our Visitor

023145

POPULAR NEWS

  • Rev Daaji with Sh Parshottam Rupala ji ,Member Rajya Sabha

    Following the guidance of the heart – the only way forward into future

    0 shares
    Share 0 Tweet 0
  • Scholar administrators are witness to an era

    0 shares
    Share 0 Tweet 0
  • Education with Best of the East and the West

    0 shares
    Share 0 Tweet 0
  • Grade 11 students from the Jamnabai Narsee School (JNS), Mumbai raise INR 57.69 L to support underprivileged students and their families with ration kits for a year.

    0 shares
    Share 0 Tweet 0
  • A corporate lawyer, visionary, who is promoting global prosperity & business

    0 shares
    Share 0 Tweet 0
World first weekly chronicle of development news

© 2023 Blitz India Media -BlitzIndia Building A New Nation

Navigate Site

  • About us
  • Contact
  • Videos
  • Team

Follow Us

No Result
View All Result
  • Home
  • Economy
  • News
  • Nation builder
  • Rising India
  • Multilateral
  • G20 podium
  • Globetrotting
  • New India
  • Social
  • Team
  • Download
  • Videos
  • UK Edition
  • Hindi

© 2023 Blitz India Media -BlitzIndia Building A New Nation

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In