Money, technology key to fight climate change, says PM

Money, technology key to fight climate change, says PM

New Delhi: Seeking a constructive approach to move forward in the global efforts to combat climate change, Prime Minister Manmohan Singh on Thursday said India is willing to do more provided there are “credible" arrangements from rich nations on financial support and technology transfers.

“Climate change cannot be addressed by perpetuating the poverty of the developing countries," Singh said in a statement before his departure for climate change summit in Copenhagen.

He said India, as a responsible member of the international community, has announced that it will reduce the emissions intensity by 20-25% in 2020 as compared to 2005.

Singh noted India has also launched a comprehensive Action Plan on Climate Change and the eight national missions have been set up.

“We are willing to do more provided there are credible arrangements to provide both additional financial support as well as technological transfers from developed to developing countries," he said.

Singh’s remarks come as negotiations in Copenhagen have hit a roadblock with no headway being made on agreement on emission cuts, mitigation targets and financing.

Prime Minister Manmohan Singh will be leading the Indian delegation at the Summit level talks scheduled for Friday.

The developing countries are angry that the mysterious draft text that has been prepared by the Danish presidency has not been circulated for the rest of the parties to study. There is a strong suspicion that this is a deliberate move on the part of the developed nations.

Noting that it is inevitable that the blamegame is going to start at some stage, Ramesh said that while India, China and other BASIC countries have tried, there was a “determined effort" to ensure that the Kyoto Protocol gets into “intensive care and it is in intensive care".

Maintaining that there is a likelihood of the Kyoto Protocol being abandoned, he said the negotiations have taken place in bad faith and “there is a huge trust deficit here".

“I think it is incredible that we are almost at the ultimate day of the negotiations and we don’t have texts on which we can negotiate," he said, hoping that a text will be put on the table.

He said all developing countries want an agreement. “We want negotiations to succeed and we are certain if there are disappointments from Copenhagen, the developing countries are not to blame for this," he said.

The minister felt that the negotiations would probably end in a political agreement but it was the “content of the political declaration" that was still uncertain. “A political declaration is inevitable but the question is what is the content of the political declaration," he said.

Chaos ensued on Wednesday when it was announced that the Danish presidency had prepared texts on both tracks dealing with the Kyoto Protocol and the Long Term Cooperative Action.