Paris Climate Agreement – Introduction and Updates

WHAT IS PARIS AGREEMENT?

The Paris Agreement is a voluntary deal in the form of national pledges so as to reduce emissions which result in major increase I global temperature. The agreement was negotiated in 2015 and came into effect from November 2016. The main objective in Paris Climate Agreement is to prevent the world from warming by more from than 2 degree Celsius. Countries were made to decide their emission targets themselves, through to at least 2030. The USA signed that agreement. However, countries like India and China did not make any pledge regarding Carbon-di-oxide in coming feature. It also lays emphasis on increasing the adaptability for adverse impacts of climatic changes and low greenhouse gas emissions, without threatening the quality and quantity of food production.

Paris Climate Agreement

 

INDIA AND PARIS CLIMATE AGREEMENT

 

India is one of the world’s top polluters and is responsible for 6% of the global emissions of Carbon-di-oxide. As a part of this climate agreement, India aims at generating 40% of its electricity from non-fossil fuels. Also, India signed up to increase its forest area by 5 million hectares in addition to increase the quality of forests. Overall, India is trying to create a balance between US Economic Growth development and environmental issues by getting into this agreement but without setting any rigid goals for the same. However, it has to reduce its carbon emissions by 33-35% from 2005 level till 2030.

USA’s WITHDRAWL FROM PARIS CLIMATE AGREEMENT

President Donald Trump announced the decision of US withdrawing from the agreement on this recent 1st June. He gave reasons like Define Economic Growth hardship, competitive disadvantages and sovereignty concerns for this act. However, US chose to go with legal exit procedure and it will take four more years. Hence, officially the US will be out of it in November 2020. It is seen as his vision to promote Energy Independence and What is Economic Growth. But, Donald’s administration may have institutional groups- pension funds, insurance companies and private equity firms to continue on focusing on climate change. Trump referred to the agreement as a hindrance to American economy and workers. Local readers and major companies in the US have criticized this quoted it as ‘a bad deal for this country’. The irony is that, according to The Week, 59% of Americans are against Trump’s decision.

 

INDIA’S VIEWS ON PARIS CLIMATE AGREEMENT

After American President Donald Trump’s declaration of having the USA out of the climate change agreement, India has made it crystal clear that it is going to continue it as India has not signed it under any pressure or for money.

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PM Narendra Modi’s vision can be seen clearly as he said last week that, “The protection of the environment and the mother planet is an article of faith.” Also in his recent meeting with German Chancellor Angela Merkel, he said that India will be the contributor of 50% of world’s solar energy by 2020. Reports from Indian government’s draft National Electricals Plan (NDEP) says that as of now India’s renewable installed capacity is of 42.8 gigawatts, whereas the goal is to have 175 gigawatts. However, the country is quite progressive towards sustainable development.

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