A well-defined global carbon incentive scheme can push every nation to mitigate the consequences of climate change. Analyse (200 Words)
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IAS Parliament 3 years
KEY POINTS
· The basic rationale is to create a UN administered Global Carbon Incentive Fund (GCIF) to which countries would contribute if their carbon emissions per capita are above the global average.
· The least costly way to reduce global emissions would be to give every country similar incentives.
· While India should not keep building more dirty coal plants as it grows, Europe should be closing down the plants it already has.
· Countries below the global per capita average would receive a commensurate payout (Uganda, for example, would receive around $2.1 billion).
· The GCI also would address the fairness problem. Low emitters, which are often the poorest countries and the ones most vulnerable to climatic changes they did not cause, would receive a payment with which they could help their people adapt.
· GCI recognizes that what a country does domestically is its own business. It can easily be raised by common agreement.
· But a GCI is by far the best option available. As rich countries cast about for remedies to domestic inequality, they should spare a thought for inequality between countries, which the pandemic and the unequal vaccine roll-out will only worsen.
Saurabh kasaudhan 3 years
Kindly review and provide suggestions for improvement
IAS Parliament 3 years
Good attempt. Keep Writing.
Tapasvi 3 years
Kindly review
IAS Parliament 3 years
Good attempt. Keep Writing.
ANIL KUMAR RAM 3 years
Plzz review my answer
IAS Parliament 3 years
Try to include specific examples and data to support your arguments. Keep Writing.
K. V. A 3 years
Pls review
IAS Parliament 3 years
Good attempt. Keep Writing.