⇒ Union Minister for Environment, Forest and Climate Change, delivered the statement on behalf of the BASIC group of countries, comprising Brazil, South Africa, India and China at the UN Climate Change Conference at Glasgow.
Highlights of the statement:
» COP 26 must aim for higher global ambition on climate finance and adaptation as well, along with recognition of Parties’ differing historical responsibilities and the developmental challenges faced by developing countries, compounded by the COVID-19 pandemic.
» With regard to the long-term temperature goal:
- The latest available science makes it clear that all Parties need to immediately contribute their fair share, and achieving this would require developed countries to rapidly reduce their emissions and dramatically scale-up their financial support to developing countries.
» He said that along with finance, technology development and transfer and capacity-building are critical enablers of climate actions in developing countries.
» Decisions particularly on climate finance and Article 6 can significantly help enhance climate ambition.
» A market mechanism that facilitates private sector engagement in carbon markets could help further raise climate ambition, in addition to what is being achieved under the NDCs.
» At the end, on behalf of the BASIC group, he reaffirmed full commitment to fighting climate change and work constructively and progressively with the Presidency and all other Parties in ensuring that a successful outcome is reached at COP 26.