Nation Current Affairs 20 Sep 2022 Loss and damage will ...

Loss and damage will be major topic for discussion at upcoming COP27: Bhupender Yadav

PTI | DECCAN CHRONICLE
Published Sep 20, 2022, 8:11 pm IST
Updated Sep 21, 2022, 7:27 am IST
Union Environment Minister Bhupender Yadav addressing FICCI LEADS 2022 session on Clean and Green Globe (Photo: Twitter/Bhupender Yadav)
 Union Environment Minister Bhupender Yadav addressing FICCI LEADS 2022 session on Clean and Green Globe (Photo: Twitter/Bhupender Yadav)

NEW DELHI: "Loss and damage" due to climate change will be a major topic for discussion at the 27th Conference of Parties to the UNFCCC in Egypt in November, Union Environment Minister Bhupender Yadav said on Tuesday.

Addressing an event organised by the Federation of Indian Chambers of Commerce & Industry, he said the maximum impact of the climate crisis is being borne by the countries which have no role in global warming.

"Loss and damage will be a major topic for discussion at COP27 at Sharm El Sheikh in Egypt in November this year," he said.

The social and financial impacts of climate change that cannot be avoided are referred to as 'loss and damage'.

According to the World Resources Institute (WRI), "loss and damage" is a term used in UN climate negotiations to refer to the consequences of climate change that go beyond what people can adapt to, or when options exist but a community doesn't have the resources to access or utilise them.

Loss and damage is generally understood to result from both extreme weather events like cyclones, droughts and heatwaves, and slow-onset changes - such as sea level rise, desertification, glacial retreat, land degradation, ocean acidification and salinization.

Poor and developing countries have been pushing for serious discussions on 'loss and damage' at the global level to support their recovery and to prepare for the future.

Yadav said India is one the few countries which have achieved the target set under the Paris Agreement with regard to increasing the use of non-fossil fuels.

"We have achieved our target nine years before schedule," he said.

India had committed to achieving 40 per cent of its installed electricity capacity from non-fossil energy sources by 2030. The country has achieved this target in November 2021 itself.

"India talks of climate justice, climate efficiency and climate action. And if some ecological wrong has occurred due to our development, the country is committed to undoing it and establishing ecological harmony," Yadav said.

The minister said India has updated its nationally determined contributions in keeping with the promises made by Prime Minister Narendra Modi at COP26 in Glasgow.

According to the updated NDC, India now stands committed to reducing the emissions intensity of its GDP by 45 per cent by 2030, from 2005 level, and achieving about 50 per cent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030.

To further a healthy and sustainable lifestyle, 'LIFE' - 'Lifestyle for Environment' as a key to combating climate change" has been added to India's NDC.

"We are not against consumption, but it should be mindful, not mindless utilisation -- not only with respect to energy but also the utilisation of land and biodiversity. We need to maintain an ecological balance," he said.

India updated its NDCs because it does not want to be part of the problem but the solution, Yadav said.

He said that the developed countries, which have 17 per cent of the world's population, account for 60 per cent of the global carbon emissions.

"Whereas, India is home to 17 per cent of the world's population and is responsible for only 4 per cent of the global carbon emissions. This is because of our sustainable lifestyle," Yadav said.

He said development and environment can go hand in hand and an example of this is the reintroduction of cheetahs which had gone extinct in India in 1952.

"We need to keep nature's ecological balance intact," he added.

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Location: India, Delhi




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