The Union Cabinet headed by the Prime Minister Narendra Modi approved for signing the Paris Agreement adopted at the 21st Conference of Parties held in Paris in last December.
- Environment Minister Prakash Javadekar will sign the agreement from India side on 22 April 2016 at the high level signature ceremony convened by the UN Secretary-General Ban Ki-moon.
Global Climate Agreement:
- The Climate Change Conference COP-21 was held in Paris, where 195 countries accepted the first-ever universal legally binding global climate deal.
- The agreement intends to avoid dangerous climate change by limiting global warming to well below 2 degree Celsius ambient temperature. The agreement is due to come into force in 2020.
The salient features :
Right to Development:
- The Agreement acknowledges the development essentials of developing countries. The Agreement recognizes the developing countries’ right to development and their efforts to harmonize development with environment.
- It recognizes the importance of sustainable lifestyles and sustainable patterns of consumption with developed countries taking the lead, and notes the importance of ‘climate justice’ in its preamble.
- It also seeks to enhance the ‘implementation of the Convention’ whilst reflecting the principles of equity and common but distinguished responsibilities and individual capabilities, in the light of different national circumstances.
- The Agreement aims to ensure that it is not mitigation-centric and includes other important elements such as adaptation, loss and damage, finance, technology, capacity building and transparency of action and support.
Financial Scale up from Developed Countries
- Pre-2020 actions are in the provisions of the agreement .
- The developed country parties are pressed to scale up their level of financial backing to achieve the goal of jointly providing US $ 100 billion by 2020 for mitigation and adaptation by significantly increasing adaptation finance from current levels.