Rich nations urged to fulfil climate change pledge

India and China have asked the rich nations to enhance their pre-2020 green house gas emission reduction level and honour their financial commitment in filling up a $100 billion climate kitty, created five years ago.

The Asian powerhouses – also two of the world’s top three polluters — in a joint statement on climate change, released on Friday, promised success in the upcoming Paris climate summit in December, but underscored the importance of having “mutual trust” between the developed and developing nations.

The green climate fund was proposed in the Copenhagen climate summit in 2009 and created at the next summit in Cancun in 2010. As of now, the collection, however, is too meagre to be of any real use. Several nations pledged a fraction of the targeted figure, but actual fund flow is minimal.

Learning from the green climate fund experience, India and China apprehend that the Paris treaty may not fully cater to their national interest and could be more favourable to the western world, which benefited by the same industrial revolution that loaded thousands of tonnes of carbon dioxide gas in the atmosphere, causing global warming.

The Paris treaty, says the joint statement, should be in “full accordance” with the well established principles of equity and common but differentiated responsibilities and respective capabilities that follows the polluter-must-pay principle.

Moreover, the agreement should reflect on the historical responsibilities and developmental needs while fixing the responsibilities of the emerging nations like India and China.

India and China also stressed on building “mutual trust” among nations and wanted implementation of the Bali Road map for increasing the pre-2020 ambition in reducing the emission level for rich nations.

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