India wants economic package for tackling climate change

November 27th, 2008 - 12:23 am ICT by IANS  

New Delhi, Nov 26 (IANS) Stressing that it contributes much less to the global greenhouse emission, India Wednesday said at the upcoming climate change conference in Poland it would seek special financial package from developed countries to acquire cleaner technology and fight climate change.Environment Secretary Vijay Sharma said, “India will demand financial architecture” as deliberated during Bali Conference on climate change.

He said there should be a special fund for developing nations, which should not be less than 0.5 percent of the GNP.

Pointing that India shouldn’t be blamed for greenhouse gas emission, the secretary said the country’s emission level is 1/15th of the European level, 1/12th of the Japanese level and 1/4th of the global level.

“India is looking at deep emission reduction commitment from the developed nations,” Sharma told reporters here.

He said the climate change conference beginning Dec 1 at Poznan, Poland, will certainly focus on adoption of new technology, mitigation of global warming challenges, financial cooperation and international communication.

The conference will also analyse the fourth report of the Inter-governmental Panel on Climate Change (IPCC) and contribution of civil aviation and marine sector to the existing problem.

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