1. Home
  2. Infrastructure Energy
  3. POWER & RENEWABLE ENERGY
  4. Minister: India’s low per capita emissions shouldn’t rank it 3rd or 4th
Minister: India’s low per capita emissions shouldn’t rank it 3rd or 4th
POWER & RENEWABLE ENERGY

Minister: India’s low per capita emissions shouldn’t rank it 3rd or 4th

19 Sep 2024 2 Min Read CW Team
Union Environment Minister Bhupender Yadav stated that India should not be categorized as the world's third or fourth-largest emitter of greenhouse gases; rather, its low per capita emissions should be the focus. During a session at the Global Renewable Energy Investors Meet and Expo in Gandhinagar, Gujarat, Yadav pointed out that although India houses 17 per cent of the global population, its share of global carbon emissions is under 5 per cent.

He contrasted this with the per capita emissions of the 17 per cent of the population in developed countries, which contribute to 60 per cent of global emissions.

Yadav emphasised that India should not be seen merely in terms of its rank among global emitters. He noted that while the country might rank 'fourth or fifth' in cumulative carbon emissions, its per capita emissions are much lower compared to developed nations.

Regarding fossil fuel usage, Yadav explained that developing countries, including India, argue for the principle of 'common but differentiated responsibilities' in negotiations. This principle recognises that, while all countries have a role in tackling climate change, developed countries have historically emitted more and possess greater financial and technological resources to address the issue.

Developing nations contend that they have pressing development needs, such as poverty alleviation and infrastructure enhancement, which may necessitate continued fossil fuel use in the short term. They advocate for fairness and equity, seeking additional time and support to transition to cleaner energy while fulfilling their developmental goals.

Yadav added that India is advancing with a low-carbon development strategy, considering its national circumstances.

Union Environment Minister Bhupender Yadav stated that India should not be categorized as the world's third or fourth-largest emitter of greenhouse gases; rather, its low per capita emissions should be the focus. During a session at the Global Renewable Energy Investors Meet and Expo in Gandhinagar, Gujarat, Yadav pointed out that although India houses 17 per cent of the global population, its share of global carbon emissions is under 5 per cent. He contrasted this with the per capita emissions of the 17 per cent of the population in developed countries, which contribute to 60 per cent of global emissions. Yadav emphasised that India should not be seen merely in terms of its rank among global emitters. He noted that while the country might rank 'fourth or fifth' in cumulative carbon emissions, its per capita emissions are much lower compared to developed nations. Regarding fossil fuel usage, Yadav explained that developing countries, including India, argue for the principle of 'common but differentiated responsibilities' in negotiations. This principle recognises that, while all countries have a role in tackling climate change, developed countries have historically emitted more and possess greater financial and technological resources to address the issue. Developing nations contend that they have pressing development needs, such as poverty alleviation and infrastructure enhancement, which may necessitate continued fossil fuel use in the short term. They advocate for fairness and equity, seeking additional time and support to transition to cleaner energy while fulfilling their developmental goals. Yadav added that India is advancing with a low-carbon development strategy, considering its national circumstances.

Next Story
Infrastructure Urban
08 Nov 2024

Macrotech acquires Bain Capital's stake in 3 entities for Rs 3 Bn

Realty firm Macrotech Developers has acquired Bain Capital's stake in three industrial and logistics park entities for Rs 3.07 billion as part of a strategy to enhance rental income. Macrotech Developers is one of the leading real estate firms in the country. It sells properties under Lodha brand. In a regulatory filing, the company informed that it has "executed Securities Purchase Agreements (SPAs) with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) for acquisition of their interest in the digital infrastructure platform entities (Bellissimo Digital I..

Read More
Next Story
Infrastructure Urban
08 Nov 2024

Tata Steel reports Rs 7.59 Bn net profit in Jul-Sep

Tata Steel reported a net profit of Rs 7.58 billion for the September 2024 quarter, helped by lower expenses. It had posted a net loss of Rs 65.11 billion in the July-September period of the preceding 2023-24 fiscal, the company said in an exchange filing. In a separate statement, Tata Steel CEO and MD TV Narendran said the global operating environment remained complex, with key regions facing subdued growth. Macroeconomic conditions in China continued to weigh on commodity prices, including steel. In India, steel demand continued to improve, but domestic prices were under pressure due to chea..

Read More
Next Story
Infrastructure Urban
08 Nov 2024

SC to verdict on Nov 7 on plea against NCLAT

The Supreme Court is scheduled to pronounce its verdict on a plea of State Bank of India (SBI) and other creditors challenging the National Company Law Appellate Tribunal (NCLAT) decision that upheld the resolution plan of grounded air carrier Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium (JKC). A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra will pronounce the verdict which was reserved on October 16. The NCLAT had on March 12 upheld the resolution plan of the grounded air carrier and approved the transfer of its ownersh..

Read More

Opinion Poll

Question : Which technological advancement do you believe will most transform the real estate industry in the coming years?

Latest updates

Macrotech acquires Bain Capital's stake in 3 entities for Rs 3 Bn
ECONOMY & POLICY
08 Nov 2024

Macrotech acquires Bain Capital's stake in 3 entities for Rs 3 Bn

Tata Steel reports Rs 7.59 Bn net profit in Jul-Sep
ECONOMY & POLICY
08 Nov 2024

Tata Steel reports Rs 7.59 Bn net profit in Jul-Sep

SC to verdict on Nov 7 on plea against NCLAT
ECONOMY & POLICY
08 Nov 2024

SC to verdict on Nov 7 on plea against NCLAT

Nippon Steel says expects to close US Steel takeover in 2024
Steel
08 Nov 2024

Nippon Steel says expects to close US Steel takeover in 2024

Indian Railways to ply over 500 special trains
RAILWAYS & METRO RAIL
08 Nov 2024

Indian Railways to ply over 500 special trains

JK Lakshmi Cement posts net loss of Rs 192 Mn in Q2 FY25
Cement
08 Nov 2024

JK Lakshmi Cement posts net loss of Rs 192 Mn in Q2 FY25

Hi-Tech Pipes Q2 net profit jumps 72%
ECONOMY & POLICY
08 Nov 2024

Hi-Tech Pipes Q2 net profit jumps 72%

Domestic air passenger traffic in India sees 6.3% growth
AVIATION & AIRPORTS
08 Nov 2024

Domestic air passenger traffic in India sees 6.3% growth

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000