India ratifies Paris Climate Agreement (October 3, 2016)

About

  • India became the 62nd country to ratify the Paris Agreement on Climate Change UNFCCCon the 147th birth anniversary of Mahatma Gandhi.
  • Syed Akbaruddin the permanent representative of India to the UN handed over the Instrument of Ratification signed by President Pranab Mukherjee to the United Nations in New York.
  • The 62 countries which have ratified the agreement are collectively responsible for for almost 52% of Green House Gases (GHG) emissions.
  • Once the 55 countries that account for 55% of global GHG emissions ratify the agreement it will enter into force.

Background

  • More than 190 nations had adopted The Paris Agreement at COP21, an initiative of UNFCCC (UN Framework Convention on Climate Change) held in the December of 2015 at Paris.
  • This agreement caps the limit of global temperature rise (global warming) to well below 2 degrees Celsius while also making an effort to help poor countries facing climate catastrophe by channeling trillions of dollars to them.
  • This deal among the countries aims at speeding up the actions needed for a sustainable low carbon future.

Way Forward

  • As India is the world’s third largest emitter of GHGs, accounting for 4.1% of the total global emission it sought more time to complete its national processes as any hasty decision may have impacted on its developmental projects.
  • India has estimated and pledged an amount of 2.5 trillion dollars for its climate-action plan. Also, our country is planning to ask developed nations to provide 100 billion dollars per year in climate finance for developing nations.per year in climate finance for developing nations.

Sources

 

News item compiled by Ritika Ranka & Aditi Mishra

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