UNFCCC | Volition LLP https://volitionllp.com Environment & Finance Fri, 24 Feb 2023 17:08:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://volitionllp.com/wp-content/uploads/2020/05/cropped-vol-icon-32x32.png UNFCCC | Volition LLP https://volitionllp.com 32 32 Commitments made under CoP 26 https://volitionllp.com/commitments-made-under-cop-26/ Mon, 12 Dec 2022 23:17:36 +0000 http://themenectar.com/demo/salient-blog/?p=3145 The 5 elements enunciated by India at COP 26 in Glasgow have been appropriately incorporated in enhanced NDCs under Paris Agreement & Longterm Low Carbon Development Strategies towards net zero emissions by 2070.

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Commitments made under CoP 26.

The five elements enunciated by India at COP26 in Glasgow have been appropriately incorporated in enhanced Nationally Determined Contributions (NDCs) under Paris Agreement and Long term Low Carbon Development Strategies towards net zero emissions by 2070, in accordance with the principles of equity and Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC) in light of National Circumstances.

As per the updated NDC submitted to UNFCCC in August 2022, India stands committed to reduce Emissions Intensity of its GDP by 45 percent by 2030, from 2005 level; achieve about 50 percent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030, with the help of transfer of technology and low-cost international finance including from Green Climate Fund; and put forward and further propagate a healthy and sustainable way of living based on traditions and values of conservation and moderation, including through a mass movement for ‘LIFE’– ‘Lifestyle for Environment’ as a key to combating climate change.

The NDC update is also a step towards achieving India’s long term goal of reaching net-zero by 2070; for which India has prepared and submitted a separate framework document titled ‘India’s Long-term Low Carbon Development Strategy’ to the secretariat of the UNFCCC in November 2022.

Government of India stands committed to combat climate change through its several programmes and schemes including the National Action Plan on Climate Change (NAPCC) which comprises of missions in specific areas of solar energy, energy efficiency, water, sustainable agriculture, Himalayan ecosystem, sustainable habitat, health, green India, and strategic knowledge for climate change. The National Solar Mission under the NAPCC is one of the key initiatives to promote sustainable growth while addressing India’s energy security. Some of the measures undertaken to promote renewable power in the country are as follows:

  1. Permitting Foreign Direct Investment (FDI) up to 100 percent under the automatic route;
  2. Waiver of Inter State Transmission System (ISTS) charges for inter-state sale of solar and wind power for projects to be commissioned by 30th June 2025;
  3. Declaration of trajectory for Renewable Purchase Obligation (RPO) up to the year 2029-30;
  4. Setting up of Ultra Mega Renewable Energy Parks to provide land and transmission to Renewable Energy (RE) developers for installation of RE projects at large scale;
  5. Schemes such as Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM), Solar Rooftop Phase II, 12000 MW Central Public Sector Undertaking (CPSU) Scheme Phase II, etc.;
  6. Laying of new transmission lines and creating new sub-station capacity under the Green Energy Corridor Scheme for evacuation of renewable power;
  7. Notification of standards for deployment of solar photovoltaic system/devices;
  8. Setting up of Project Development Cell for attracting and facilitating investments;
  9. Standard Bidding Guidelines for tariff based competitive bidding process for procurement of Power from Grid Connected Solar photovoltaic system and Wind Projects;
  10. Notification of Promoting Renewable Energy through Green Energy Open Access Rules 2022;
  11. Notification of “The electricity (Late Payment Surcharge and related matters) Rules 2002 (LPS rules)”; and
  12. Issued orders that power shall be dispatched against Letter of Credit (LC) or advance payment to ensure timely payment by distribution licensees to RE generators.

India has progressively continued decoupling of economic growth from greenhouse gas emissions. India’s emission intensity of gross domestic product (GDP) has reduced by 24percent between 2005 and 2016. As on 31stOctober 2022, India’s total electric power installed capacity from non-fossil fuel based energy resources is 172.72 GW, which is 42.3percent of the total electric power installed capacity from non-fossil based energy resources.

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And if she hasn’t been rewritten, then they are still using her. Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts.

Blind Text
The post Commitments made under CoP 26 first appeared on Volition LLP.]]> UNFCCC COP 27 and India’s promise to achieve carbon neutrality https://volitionllp.com/unfccc-cop-27-and-indias-promise-to-achieve-carbon-neutrality/ Mon, 07 Jan 2013 18:10:00 +0000 http://themenectar.com/demo/salient/?p=152 India's promise to achieve carbon neutrality - India’s vision and approaches towards reaching net-zero by 2070.

The post UNFCCC COP 27 and India’s promise to achieve carbon neutrality first appeared on Volition LLP.]]> UNFCCC COP 27 and India’s promise to achieve carbon neutrality

At the Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC), the final outcomes are in the form of various decisions agreed to by consensus of all the Parties following extensive negotiations. The decisions carry varying degrees of commitments and responsibilities of Parties ranging from the purely voluntary or invitation to consider to the fully mandatory. Such decisions also carry caveats and exemptions under the principles of the Convention and the Paris Agreement, especially the principles of Common but Differentiated Responsibilities & Respective Capabilities in the light of different national circumstances, as applicable to developing countries. Based on the exact text of decisions in the light of these principles, India undertakes such actions as appropriate in fulfilment of its responsibilities.

Under the terms of the Paris Agreement, the Nationally Determined Contributions (NDCs) and Long-Term Low Emissions Development Strategy (LT-LEDS) are determined by countries themselves and communicated to the UNFCCC. In keeping with this, India has submitted its updated NDCs on 26th August 2022 and its long-term low carbon development strategy on 14th November 2022. These documents lay out India’s vision and approaches towards reaching net-zero by 2070, which are expected to evolve as necessary over time.

As per LT-LEDS, India’s vision of low carbon development is based on the need to ensure India’s high energy needs for development, including poverty eradication, achieving Sustainable Development Goals and economic growth. Further, it is necessary that the plan for the country’s energy security is based both on the expansion of non-fossil fuel sources for power generation and rational utilization of fossil fuel resources. Specific steps for such utilization include, inter alia, expanding renewables and strengthening the grid and focusing on demand-side management.

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