![Rich nations try to shift pollution responsibility to India, China Rich nations try to shift pollution responsibility to India, China](https://cdn.magzter.com/1547192204/1731437366/articles/TsKYdXR0jvLeWQGGMWKsys/RICH-NATIONS-TRY-TO-SHIFT-POLLUTION-RESPONSIBILITY-TO-INDIA-CHINA.jpg)
But Global North is sidestepping their responsibilities and deflecting the core issue of historical pollution, participants said.
Monetary demands are in addition to technology transfers as part of a $5-6 trillion demand before Global North to pay their fair share for the damages caused to the climate of developing countries. India is among a few countries worst affected, an official said.
But instead of considering the requirements of Global South, led by India, whose devastation has more to do with how Global North near-exhausted the planet's carbon budget to get rich, many rich nations, led by the United States (US), are trying to categorise the demands as investment to meet their global commitments without making any provision from their public finances for climate funding, an official from Greenpeace International said.
Denne historien er fra November 13, 2024-utgaven av Business Standard.
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Denne historien er fra November 13, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Release for grief
EYE CULTURE
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RBI supersedes New India Co-op Bank Board
Alleged misappropriation of funds behind curbs
Reciprocal tax plan sets off alarm bells amid global trade war buzz
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Sachin Bansal steps down as Navi CEO amid top-level rejig
To serve as executive chairman of the group
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Pharma Stocks Plunge Amid Tariff Concerns
Analysts Say Exports Unlikely to Face Major Impact
I-T Bill empowers taxman to ask for access to electronic systems
In a move that could make it easier to scrutinise cryptocur rency and other virtual digital assets, the new income-tax Bill introduced in the Lok Sabha on Thursday empowers tax authorities to demand codes for access to electronic systems during surveys and searches.
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Cummins' engine may rev low in near term
Brokerages upbeat on firm's long-term prospects after a strong Q3
Smallcaps slip into bear mkt territory, midcaps on brink
Investors endured another challenging session on Friday as smallcap stocks tumbled over 3 per cent, sliding into bear-market territory, while midcaps fell 2.4 per cent, extending their decline from peak levels to 18.4 per cent.
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Deep state, shallow state, non-state
The deep state has now become the engine of conspiracy theories across democracies. America was the first and India is catching up fast. Many European democracies are on the bandwagon too
DPIIT to sign MoUs with firms for setting up manufacturing incubation centres
In a move to give a fillip to manufacturing startups, the Department of Promotion of Industry and Internal Trade (DPIIT) will be signing memorandums of understanding (MoUs) with corporates to set up manufacturing incubation centres.