The developed world must adopt a fairer approach towards climate action strategies. Do you agree with this view? Comment (200 Words)
Refer - Financial Express
Enrich the answer from other sources, if the question demands.
IAS Parliament 3 years
KEY POINTS
· The EU has just unveiled its ‘Fit for 55’ climate-action legislation.
· The legislation seeks to cut EU’s greenhouse gas emissions by 55% over the next decade.
· It talks of, among other measures, a ban on petrol and diesel cars by 2035, increasing the share of renewable energy in the bloc to 40% (from 1990 levels) by 2030.
· A carbon-border tax to discourage carbon-intensive imports from countries with a heavy emission-footprint.
· So, when the EU talks of a carbon border tax as being central to its green action plan, it merely exacerbates the inequity that has become embedded in global climate talks.
· Member-states will have to work on building forests and other vegetation, important carbon-sinks.
· Between 2019 and 2020, 1.7 million hectares of the Amazonian rainforests were stripped for timber and creating space for rearing livestock developed countries, including the EU, were large importers of the wood and meat produced.
· The developed nations have defaulted on their commitment to fund to ‘green’ growth in developing economies;
· The deadline for Green Climate Fund’s target of mere $100 billion has been pushed from 2020 to 2025.
· In the run up to CoP 26, India irrespective of how the EU’s carbon-border adjustment affects it must work with other nations to ensure fair apportioning of climate-responsibilities.
Abhishek Das 3 years
Please Review.
IAS Parliament 3 years
Good attempt. Keep Writing.
