No binding agreements for India on emission cuts: NatrajanDecember 27th, 2011 - 8:02 pm ICT by IANS
New Delhi, Dec 27 (IANS) Environment Minister Jayanthi Natarajan Tuesday assured parliament that India will not sign any binding agreement for carbon emissions reduction.
Giving clarifications on her Rajya Sabha statement last week on recent environment summit at Durban, South Africa, Natarajan said that India will not be a party to any binding agreement as the country first needed to focus on poverty alleviation.
“There is no question of signing a legally-binding agreement at this point of our development. We need to make sure that our development does not suffer,” Natarajan said in the Rajya Sabha.
The minister assured the upper house that the interests of India will not be compromised at any cost.
Earlier, seeking clarifications, several members asked Natrajan to come out with more details on the funding pattern for the proposed Green Climate Fund. Leader of Opposition Arun Jaitley alleged that there has been a diversion in the government’s stand on question of equity.
The minister informed the house that the Green Climate Fund which was decided upon at the conference with a $100 billion corpus, would start operations soon.
“The fund will help a large number of vulnerable countries in taking effective mitigation and adaptation actions. India played a facilitating role in Durban in ensuring that the fund is established,” she said.
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