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COP-26 Climate Summit in Glasgow concludes

The on-going COP-26 Climate Summit in Glasgow will conclude on Nov12th. At COP-26, the Parties worked to achieve the completion of Paris Agreement implementation guidelines, the mobilization of climate finance, actions to strengthen climate adaptation, technology development, and transfer and keeping in reach the Paris Agreement goals of limiting the rise in global temperatures.
COP-26 Climate Summit in Glasgow concludes
COP-26 Climate Summit in Glasgow concludes

On the final day, COP-26 will arrive at an agreement that may focus on adaptation and helping countries deal with the effects of climate change and finance, a controversial issue because poorer countries blame richer countries for not contributing enough.

As far as India is concerned, it will achieve net-zero carbon emissions by 2070 and reduce one billion tonnes of carbon emissions from the total projected emissions by 2030. 

India will bring its non-fossil energy capacity to 500 GW by 2030 and it will fulfill 50 percent of its energy requirement through renewable energy by 2030. The country constitutes 17 percent of the global population and its contribution to the emission has remained only five percent.

 

All climate finance promises have been empty ones so far and developed countries must ensure one trillion dollar climate finance at the earliest.The idea of One Sun, One World, One Grid was mooted by Prime Minister Narendra Modi at the Glasgow Summit and followed by a launch thereof. The initiative calls for setting up of a global grid that would be able to transmit solar power that is clean energy anywhere and anytime. It will reduce the storage needs, make solar projects viable and reduce carbon foot-prints and the energy cost.

Published date : 12 Nov 2021 06:14PM

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