India to Take Up Case of Climate Fund Mobilisation

We have levied USD 6 (Rs 400) on coal production which is the highest in the world. We are taking mitigation action.

Published: 19th April 2016 10:54 PM  |   Last Updated: 19th April 2016 10:54 PM   |  A+A-

Prakash Javadekar_AFP

India's Minister of Environment, Forests and Climate Change Prakash Javadekar. |AFP

By PTI

NEW DELHI: India will strongly take up the issue of "lack" of concrete plan on the mobilisation of USD 100 billion pledged by the developed countries to help the developing world tackle climate change at UN this week and urge them to emulate its policy of levying cess over coal to raise the fund.

Environment Minister Prakash Javadekar said it will be raised at the high-level signing ceremony of Paris Agreement, convened by UN Secretary-General Ban Ki-moon on April 22 in New York and also during the Major Economic Forum meeting on April 23.

He said during the meeting, India will also emphasise that the developed countries also need to declare their enhanced action plan to fight cliamte change between the period of 2016-2020.

"Mobilising USD 100 billion is still only under discussions. There is no concrete action plan laid out. We will ask that as in Paris you (developed countries) have agreed to mobilise USD 100 billion dollars to the developing world, the roadmap must be now clear.

"We have levied USD 6 (Rs 400) on coal production which is the highest in the world. We are taking mitigation action.

If developed world follows India, 100 billion dollars can be generated more easily. If they follow India by taxing their own coal production, funds can be generated," Javadekar said.

"We expect that developed world must now declare their enhanced commitments for second Kyoto protocol period which is from 2016-2020. Developed world needs to declare their enhanced action plan.

"We (India) are doing our bit even though we (as a developing country) were not supposed to take action before 2020. India is leading by example as to how there can be mitigation and adaption action. The developed world if they are not declaring, that will unfortunate. We will emphasis this," he said.

Noting that all the BASIC countries (Brazil, South Africa, China and India) will sign the agreement on April 22, Javadekar said more than 130 countries are expected to sign it.

Javadekar said the third point which India will take up is on technology support and that it should be "easily available and affordable" for developing nations.

"Ultimately the fight against climate change is all about technology. It will bring solutions. Technology should be easily available and affordable. These are the issues which we will raise in the conference in New York on April 22," he said.

He said that on April 23-24, more than 34 countries will take part in the Major Economic Forum meeting, where India will again put ahead these three points.

Elaborating about the renewable energy programme taken up by India, the minister said India's plan of 175 GW of renewable energy is the "largest" programme is moving at a very "fast pace".

"We have already achieved 40 GW. LED lamps are saving thousand of crore of consumer expenditure and electricity.

They are is helping in saving power worth Rs 25,000 crore while nine crore LED bulbs have been distributed in one year.

Apart from that, we are going ahead with free of cost energy efficiency pumps, solar pumps and hybrid vehicles. These are the mitigation action from India after Paris," he said.

Elaborating about financial measures taken by India, he said while taxes are being levied on polluting vehicles including SUVs, the government is also incentivising vehicles which are environment-friendly.

Noting that five per cent ethanol is blended in petrol, he said India has this year taken enthanol blending contract of 99 crore litres which has also helped in stabilising sugar prices.

About increasing carbon sink, Javadekar said the Compensatory Afforestation Fund Bill (CAF) is expected to be discussed in the Union Cabinet tomorrow.

"Tomorrow in Cabinet CAF bill is likely to be discussed.

We have recieved report of standing committee. Suggestions given by the committee has been incorporated. The Bill will be tabled in the Parliament in the coming session. We hope that all parties will support it," Javadekar said.

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