Prime Minister Manmohan Singh is expected to take part during the last leg of the Copenhagen Summit on climate change.
GHGs
Hindustan Petroleum Corporation has reduced 4 lakh tonne of CO2 emissions annually over the past four years and ONGC is going for four Clean Development Mechanism projects to reduce 1.20 lakh tonne of carbon dioxide equivalent emissions annually.
As the Copenhagen climate change talks open next week, India pledges to cut its emission intensity by 20-25% by 2020 on a baseline of 2005.
Irrespective of the outcome of the climate change negotiations in Copenhagen, the stage is set for creation a forestry carbon market.
India’s insistence on transfer of clean technology from industrialised countries to developing countries may indicate that the country has a fixed position on fighting climate change, but in practice the country has been pursuing a multi-pronged policy.
While most Indian CEOs are concerned about climate change, only one-third of them have a strategy in place, says a new survey.
Indias funding proposal for protection and regeneration of forests under the new global climate change agreement has got support from a new UN report, which has called for a forest carbon deal.
Vegetarianism is emerging as a new solution to solving the climate change challenge. The latest to champion the cause is the best-known climate economist Nicholas Stern.
UNFCCC chief Yvo de Boer’s worst fear is if the climate change agreement in Copenhagen is not 100% clear and countries have to spend time arguing how to implement the agreement than implementing it.
The deadlock on the issues of emission cuts, financing and technology transfer continues in the run up to climate change talks in Copenhagen.