COP28 to try reaching a consensus on Paris goals

INDIA HAS SAID THAT DEVELOPED COUNTRY PARTIES MUST LEAD IN THE AMBITION OF CLIMATE ACTION AND SUPPORT, AND THEIR EFFORTS TO ACHIEVE THEIR COMMITMENTS ON MITIGATING THE IMPACTS OF THE CLIMATE CRISIS

- Jayashree Nandi

The first global stocktaking of the progress made on containing climate change, expected to conclude at the UN summit in Dubai in a few weeks, has often received polarising views from nations that are signatories to the 2015 Paris Agreement.

India has underlined that equity, fair share of the global carbon budget, and obligations of developed country parties to provide finance for transition and technology transfer will be critical to address in the global stocktake (GST). In its submission to the United Nations Framework Convention on Climate Change (UNFCCC) in September, India said equity has to be designed in the GST.

"India has always maintained that Equity is an important component for preserving the collective and facilitative nature of GST, therefore a commonly agreed guidance to operationalize Equity needs to be designed in the GST, through inclusive equity indicators arrived at by Parties. Equity needs to be captured not only as an overarching but also a cross cutting issue in each and every element of the GST outcome," India said.