Topic: Conservation, environmental pollution and degradation, environmental impact assessment
5) With funding from developed nations barely a trickle, India and other developing nations must take hard calls on growth vis-a-vis climate change action. Discuss.(250 words)
Why this question:
The article details upon the climate call made by India ahead of United Nations Climate Action Summit. It also discusses the discussion paper titled Climate Summit for Enhanced Action: A Financial Perspective from India released by the government of India.
Key demand of the question:
One has to explain the need for reinvented funding mechanisms to deal with climate change action.
Discuss – This is an all-encompassing directive – you have to debate on paper by going through the details of the issues concerned by examining each one of them. You have to give reasons for both for and against arguments.
Structure of the answer:
In brief discuss the context of the funding mechanisms presently in action for dealing with climate change.
Explain that with funding from developed nations barely a trickle, India and other developing nations must take hard calls on growth vis-a-vis climate change action. India, thus, has said that it will ‘suitably recalibrate’ its action only after the global stock-take of progress under the Paris Agreement takes place in 2023. While global climate negotiations have focused on the principle of common but differentiated responsibilities, and countries’ respective capabilities—this acknowledges the fact that developed countries have shrunk the emissions budget for developing nations—the fact is that developed nations gave just $38 billion in climate finance in 2016, against the $100 billion a year by 2020 that had been agreed to in the 2009 climate negotiations.
Conclude with Unless developing nations force their developed counterparts to change course, the climate agenda would fail, with devastating consequences for all.