Follow Us:
Monday, May 16, 2022

India at Cancun: Will agree to monitoring but show us the money

India wants an eight-point pledge from the US and other developed countries at Cancun.

Written by Amitav Ranjan | New Delhi |
December 2, 2010 2:29:54 am

India wants an eight-point pledge from the US and other developed countries at Cancun before yielding to their demand that developing nations must agree to international consultation and analysis (ICA) for monitoring domestic climate actions.

A strategy paper on New Delhi’s stand at the conference says that India has agreed,in principle,to the idea of ICA but with specific riders in place. And specifies that the details would be put in place only after wider domestic inter-ministerial consultations after the Cancun Conference.

India wants developed countries to ensure that $100 billion per annum by 2020 is given in a manner that the mechanisms and instruments to generate the new and additional resources “do not impose a burden or cost on developing countries”.

Developed countries,specially the US,want developing nations to agree to ICA,a global system of monitoring efforts on emission reduction. New Delhi and other developing nations oppose it saying it would allow developed nations to send inspectors,or ask for records,to check compliance.

Best of Express Premium

ExplainSpeaking: Why Govt of India is wrong to claim inflation hit the ri...Premium
Bhupinder Singh Hooda at Idea Exchange: The only way out is to fight for ...Premium
Vistara could merge with Air India, decision likely by end of 2023Premium
Expert Explains: How to protect yourself from heat-related illnessPremium

The US is also sticking to its stand that it would not negotiate other issues such as on technology and adaptation unless India agrees to ICA.

The ICA,says India’s strategy paper,for developing countries should “not be more onerous than that for developed nations” and should be adopted only in conjunction with decisions on “all other elements of the balanced package”.

At the Summit,India will also push the US to state its commitments on emission reduction targets failing which it would ask for suspension of all commitments by other nations.

For all the latest News Archive News, download Indian Express App.

  • Newsguard
  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
  • Newsguard