To pursue low-carbon development strategies, India will require significant investments, the pace of which will largely hinge on the easy availability of climate finance
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Dr. Sanjeeb K Behera, outlined the mission of AARDO and its relevance to today’s world, while Prof. B. V. Rathish Kumar, invited the participants and he hoped that the participants leave with a pleasant educational experience
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Bhupendra Yadav said that most developing countries, just transition cannot be equated with decarbonisation, but with low-carbon development
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Issues, including the mitigation work program, the global goal on adaptation, loss and damage, and climate finance, are being intervened as they persisted as controversial
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Denmark, Finland, Germany, Ireland, Slovenia, Sweden, Switzerland and the Walloon Region of Belgium announced a total of USD 105.6 million in new funding for the Global Environment Facility (GEF) funds that target the immediate climate adaptation needs of low-lying and low-income states
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The agenda prioritises low-carbon electricity, transportation systems, energy-efficient urban infrastructure, low-emission industrial systems, carbon mitigation technologies, increased forest cover and low-carbon development's economic and financial aspects
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While talking about barriers, Bhupender Yadav said that for developing countries, accelerated low-carbon development is the route to ambition. This is a continuous process
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Under the Paris Agreement, which holds the world to limit warming to 1.5 degrees Celsius above preindustrial temperatures, all countries are required to submit reports showing how they'll get there
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Climate protection is part of the overall ESG strategy that many corporates are looking at
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They also said that rich countries need to lead the mobilisation of resources for achieving these goals, which is in line with what most developing countries want.
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