Annual climate finance of $100B a must: BASIC meet

by | Aug 18, 2019 | Environment, Sustainability

BASIC ministers, meeting on climate change in São Paulo, Brazil, have urged developed countries to fulfill their climate finance commitments of mobilizing USD 100 billion annually by 2020 for developing countries.
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In the run-up to the United Nations Framework for Climate Change (UNFCC) Conference of Parties (COP-25) meet to be held later in the year from 2 to 13 December, the BASIC countries held its 28th Ministerial meeting on Climate Change from 14 to 16 August in São Paulo, Brazil.

India which was represented by Union Minister for Environment, Forest and Climate Change, Prakash Javadekar said that BASIC countries coming together and putting views together is an important aspect of UN negotiations. “Brazil, South Africa, India and China put together has one-third of world’s geographical area and nearly 40% of the world’s population and when we unitedly speak in one voice this shows our determination and the BASIC Group could play an important part in making Paris agreement accepted by all the countries in its true letter and spirit,” stressed Javadekar.

Javadekar further added that BASIC will be united and will speak in one voice and the joint statement issued today has highlighted all the issues which are relevant today and the world must take note of what BASIC is saying ,on the eve of United Nations Session on Climate Change and the next Conference of Parties (CoP25) in Chile.

The text of the joint statement follows (Joint Statement issued at the conclusion of the 28th BASIC Ministerial Meeting on Climate Change, São Paulo, Brazil, 16 August 2019):

1. The 28th BASIC Ministerial Meeting on Climate Change was held in Brasília and São Paulo, Brazil, on 14 and 16 August 2019. The meeting was chaired by H.E. Mr. Ricardo Salles, Minister of the Environment of Brazil and attended by H.E. Mr. XIE Zhenhua, Special Representative for Climate Change Affairs of the People’s Republic of China, H.E. Ms. Barbara Creecy, Minister of Environment, Forestry and Fisheries of the Republic of South Africa, and H.E. Mr. Prakash Javadekar, Minister for Environment, Forest and Climate Change of the Republic of India.

2. The BASIC Ministers expressed their concern for climate change and its adverse effects and reaffirmed their commitment to the successful implementation of the United Nations Framework Convention on Climate Change (UNFCCC), its Kyoto Protocol and its Paris Agreement, based on the recognition of the needs and special circumstances of developing countries and in accordance with the principles of Equity and Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC), in the light of different national circumstances. Ministers stated the importance of responsible, comprehensive, urgent and ambitious actions against climate change, including in the urban environment.

3. The Ministers stressed their support for the UNFCCC and its instruments, which remain the preeminent international forum for negotiating and addressing matters related to climate change. The BASIC countries reiterated their support for multilateralism, having made constructive engagements and significant contributions towards a series of milestones under the UNFCCC. They highlighted their determination to continue to work together with other Parties to further the process under the UNFCCC, which is irreversible.

4. Ministers underlined that BASIC countries are implementing ambitious climate action both in the pre-2020 period and in their proposed NDCs, having achieved substantial progress, notwithstanding the multiple challenges they face in terms of social and economic development and poverty eradication. They are committed to sharing best practices and supporting each other through south-south cooperation as they further develop their domestic climate policies and actions. They underscored that global climate action must promote climate justice by recognition of the fundamental right of all people in accessing economic growth and sustainable development.

5. Ministers took note of the synthesis report on pre-2020 implementation and ambition published by the UNFCCC Secretariat in September 2018. The Ministers highlighted the significant gaps in pre-2020 climate efforts not only in mitigation, but also in adaptation and support to developing countries. They underlined that time is of the essence for any meaningful pre-2020 action and that the implementation gaps should not present a burden to developing countries in the post-2020 period. They also urged developed countries to undertake ambitious actions to reduce emissions and fulfill their finance commitments, including in the pre-2020 period, in light of their historical responsibilities.

6. The 185 ratifications, to date, of the Paris Agreement were welcomed by BASIC Ministers. They called on all remaining Parties to UNFCCC to join the Paris Agreement as soon as possible. Ministers also welcomed the 130 ratifications, to date, of the Doha Amendment to the Kyoto Protocol and recalled that only 14 acceptance instruments are outstanding for the amendment to enter into force. They urged Parties that have not yet done so to ratify the Doha Amendment to the Kyoto Protocol as soon as possible, to ensure its prompt entry into force, given the valuable contribution it could make to global climate action leading up to 2020.

7. Ministers appreciated the role of the Polish Presidency, commending its contribution to the UNFCCC process, particularly the decisions adopted in Katowice, during COP 24, CMP 14 and CMA 1, including the bulk of the Paris Agreement Work Programme. They pledged the group’s full support to the incoming Chilean Presidency of COP 25 and emphasized the importance of moving forward and reaching concrete results in Santiago, which is a crucial opportunity for closing the action and ambition gaps before 2020.

8. Ministers reiterated their commitment to work together with all Parties in an open, transparent, inclusive and Party-driven manner to achieve a balanced and comprehensive outcome on all remaining items of the Paris Agreement Work Programme.

9. Ministers emphasized that the UNSG´s Climate Action Summit, to be held in September of this year, should be fully respectful of the principles and provisions of the UNFCCC, its Kyoto Protocol and its Paris Agreement, as well as existing aims, targets and mandates. They look forward for the Summit to send a strong political signal for global low-carbon, climate resilient and sustainable development and produce positive outcomes for pre-2020 ambition and implementation support for developing countries. The Ministers applauded the UN Secretary General’s efforts to build political momentum for enhancing climate action and support.

10. Ministers took note of the findings of the Intergovernmental Panel on Climate Change (IPCC) Special Report on global warming of 1.5 °C and the Special Report on Climate Change and Land, which highlights the high vulnerability of developing countries to climate change effects, high resultant costs of adaptation and unprecedented transitions required in the development process.

11. Ministers urged developed countries to provide adequate and predictable means of implementation to developing countries to enable them to achieve their climate goals. In this respect, developed countries are called upon to enhance support to developing countries for actions related to project or programme development and implementation, including on adaptation, mitigation and transparency. This must be done through adequate provision of finance, technology transfer, and capacity building to facilitate the effective implementation of the Convention, its Kyoto Protocol and its Paris Agreement.

12. Ministers reaffirmed that adaptation is a key imperative for developing countries and requires an urgent global response. They emphasized the importance of the provision of enhanced as well as predictable support for adaptation from developed countries to developing countries, recognizing the adaptation efforts of developing country Parties.

13. Ministers stressed that the enhanced transparency framework established by the Paris Agreement should facilitate exchange of information, best practices, as well as address the needs faced by developing countries, ensuring the required flexibility. Ministers underlined the significant challenges of developing countries on transparency-related capacities and urged developed countries to provide new, additional, adequate and timely finance support in this regard.

14. Ministers noted with concern the trend of developing countries being denied their right to support in different fora, including the Green Climate Fund (GCF) and the Global Environment Facility (GEF). They stressed in this regard that climate finance should not be a vehicle for increasing the indebtedness of developing countries.

15. The BASIC Ministers urged developed countries to fulfill their climate finance commitments of mobilizing USD 100 billion annually by 2020 for developing countries in a transparent manner and on a grant basis. This support should be new and additional, and over and above their 0.7% of GNP commitment with respect to Official Development Assistance (ODA). They noted with concern the insufficiency and inadequacy of the support provided by developed countries to date.

16. They stressed that the 2020 deliberations on the new collective quantified goal on finance should be based on the lessons drawn from experience relating to meeting the USD 100 billion pledge, informed by the needs of developing countries and adequate to meet the ambition. In this regard, they stressed the importance of establishing a structured deliberation within the UNFCCC, in order to conclude this work.

17. Ministers restated that a new collective quantified goal on finance by developed countries, with a significant publicly funded component, is one of the crucial signals that the regime under the UNFCCC must give to investors, both public and private, in order to match the urgency of climate change. Securing scaled-up, adequate and proper means and resources for developing countries is indispensable to enable them to meet their commitments and implement the Paris Agreement.

18. Ministers expressed the expectation that the first replenishment of the Green Climate Fund by the end of 2019 will double the initial resource mobilization pledge, ensuring that financial contributions by developed countries match the ambition, needs and priorities of developing countries.

19. The BASIC group underscored the importance of concluding the discussions on Article 6 of the Paris Agreement, one of the remaining issues from the Katowice package of decisions, which will assist those participating in implementing the Agreement in a cost effective manner. The Ministers recalled that decisions on other subjects should not pre-empt discussions under Article 6 and expressed their expectation of reaching a satisfactory outcome on this matter in December, at the Santiago COP. They underlined that Parties should address the Article 6 issues in a balanced and inclusive manner, including the issue of transition of projects under the Clean Development Mechanism. They highlighted that Parties have a strong foundation for future work on Article 6 and that it is important to conclude work in accordance with the mandates set out in the Paris Agreement and the accompanying decision.

20. Ministers noted the work of International Maritime Organization (IMO) and International Civil Aviation (ICAO) on reduction of carbon emissions and underscored that work being undertaken by IMO and ICAO must complement the UNFCCC, its Kyoto Protocol and its Paris Agreement and conform to their key principles, in particular Equity and CBDR-RC.

21. Ministers highlighted the importance of mechanisms on loss and damage under the UNFCCC and urged developed country Parties to provide funding for loss and damage arising from climate change in developing countries.

22. BASIC Ministers reiterated their unequivocal commitment to support the State of Palestine, as the Chair of the Group of 77 and China, with a view to strengthening the unity of the Group of 77 and China and advancing the common interests of developing countries.

23. Ministers welcomed the offer of China to host the 29th BASIC Ministerial Meeting.

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Blending power with renewable energy is the way ahead: Pradhan

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Dharmendra Pradhan

The goal is to have 40% electricity generation capacity from non-fossil fuel-based energy resources by 2030: Pradhan (Pix source: PIB)

Minister of Petroleum and Natural Gas & Steel Dharmendra Pradhan has said that India’s growing energy sector is attractive for foreign investors. Speaking at Bloomberg NEF New Delhi Summit today, he said that it has repeatedly received funding from sovereign wealth funds, pension funds, long-term strategic investors from Western countries, Asian Countries and the Middle East, said a PIB release.

Pradhan said India remains a bright spot in the global economy. With strong domestic economy and supportive policy environment, the Government is committed towards achieving holistic, inclusive and sustainable economic development. India will become 3 trillion-dollar economy this year and aims to achieve a 5 trillion-dollar target in the near future. To achieve this target, India needs secure, affordable and sustainable energy to sustain the high growth and provide energy access to 1.3 billion people. Therefore, it is important for us to tap every source of energy. “We have taken several measures to overhaul the hydrocarbon sector to ensure energy security for the country while pursuing a green path to progress,” he said.

On the issue of energy landscape, the Minister said that it is passing through a big change – making way for clean energy technologies. “In a drive to provide energy access to all in a sustainable manner, our Government has taken a big responsibility by making global commitment to reduce emissions intensity of its GDP by 33–35% from 2005 levels. One of the main strategies India is planning to adopt towards achieving this goal is by having 40% electricity generation capacity from non-fossil fuel-based energy resources by 2030,” he added.

Appreciating the oil and gas companies for investing in developing renewable energy projects for self-consumption and for supplying to the grid, Pradhan said oil marketing companies are providing soft loans and subsidies to petrol pump dealers to install solar rooftops. He said, “This is the right time to think of sale options like blending electricity generated from gas power plants with renewable energy. This will further aid the process of emission reduction.”

Pradhan said the Government is committed towards clean energy, which extends beyond just electricity. The Pradhan Mantri Ujjwala Yojana has transformed the lives of millions of poor households by ensuring access to clean cooking fuel. “More than 75 million LPG connections have been provided under the Ujjwala Yojana so far, which has resulted in enhancing the LPG penetration in India to around 95% as against 56% in May 2014. The Pradhan Mantri Ujjwala Yojana has saved millions of women and children from the health hazards of smoky kitchens,” he said.

On the issue of city gas network, Pradhan said that only 20% of the population was covered under it in 2014 but with the success of the 10th CGD Bid Round, CGD network will expand to nearly 70% of our population. CGD would be available in 228 geographical areas comprising 402 districts spread over 27 States and Union Territories covering 53% of the country. The recently-concluded 9th and 10th CGD rounds will require investment of one lakh twenty thousand crore rupees.

The Minister said that many of our refineries are today close to large urban clusters, and as part of their focus as good corporate citizens, all have shifted to cleaner natural gas for their energy needs. In addition, the government has already implemented fuel efficiency norms for commercial heavy vehicles. “To tackle pollution issues, we are looking at gas-based transportation solutions. We are switching to BS-VI fuels from 1st April 2020. The National Capital Territory of Delhi has already switched to BS-VI fuels in April last year. We are promoting the use of CNG, bio-CNG and LNG in transportation sector. We are setting up bio-refineries and targeting newer sources of ethanol. The ethanol-blended program will enable OMCs to sell 10% blended petrol,” Pradhan said.

On the bio-diesel program, the Minister said “I am confident that we will soon be rolling out initiatives to enable achievement of 5% biodiesel blended diesel across country.” He said, “we will promote EVs, but it will be a holistic and integrated planning, where I have mentioned in my recent statements that all forms of transportation, which are clean and affordable, will be considered in our Energy Policy.”

The Minister said, “We are mindful of the difficulties being faced by investors in some instances where State Government is trying to renegotiate some of the executed contracts. Our Government has requested State Governments to reconsider their decision, as this will jeopardize future investment in not only the concerned state but also the country as a whole.

1.5GW solar PV tenders floated for govt. producers

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grid connected solar

Grid connected solar (Representative image).

Solar Energy Corporation of India (SECI) has floated a request for selection (RfS) document for selection of solar power developers for the next tranche of solar PV power projects in India.
As part of Tranche II of Phase II, the project will identify successful developers for setting up 1500 MW grid-connected solar PV power projects.
However, only government producers are allowed to participate as bidder under this RfS. Government producers can be any entity which is either directly controlled by the central or state governments or is under the administrative control of central or state government or a company in which government is having more than 50% shareholding.
The scheduled commissioning date for commissioning of the full capacity of the project shall be the date as on 24 months from the date of issuance of LoI. The maximum time period allowed for commissioning of the full project capacity shall be limited to 30 months from the date of issuance of LoI.

SECI is a CPSU under the administrative control of the Ministry of New and Renewable Energy (MNRE), and has a major role to play in the sector’s development. The company is responsible for implementation of a number of schemes of MNRE, major ones being the Viability Gap Funding (VGF) schemes for large-scale grid-connected projects under JNNSM, solar park scheme, and grid-connected solar rooftop scheme.

GST sops for EVs, charging come into force

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ev-charging

GST on EVs and EV charging is down to 5%.

The recently slashed GST rates on all electric vehicles (EVs) have come into effect from today. All EVs, small or big, personal or commercial, will be costing 7% less as compared to the day before. The rate cut was announced only five days ago at the 36th GST Council meeting chaired by Union Finance & Corporate Affairs Minister Nirmala Sitharaman and attended by Union Minister of State for Finance & Corporate Affairs Anurag Thakur besides Revenue Secretary Ajay Bhushan Pandey and other senior officials of the Ministry of Finance. In the meeting held on 27 July, the GST rates were cut to 5% from 12% earlier. see news)

As announced in the meeting, the GST rates have also come down from today on chargers or charging stations for EVs. As against 18% earlier, a new rate of 5% has become applicable from today.

Additionally, hiring of electric buses with carrying capacity of more than 12 passengers by local authorities will be completely exempted from GST.

Atal Community Innovation Centre launched

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Minister of Petroleum and Natural Gas & Steel Dharmendra Pradhan launched Atal Community Innovation Centre (ACIC) in New Delhi, to encourage the spirit of innovation at the community level. This initiative aims to encourage the spirit of innovation through solution-driven design thinking to serve society, a PIB release said.

Speaking on the occasion, Pradhan said, Atal Innovation Mission has a key role to perform in order to achieve the target of five trillion dollar economy by 2025. He urged the NITI Aayog to open innovation Centres in all Gram Panchayats of the country to promote local innovation. Pradhan said innovation is part of every Indian’s daily affairs and there is need to support and promote them.He said that traditional and conventional knowledge available in the country needs to be supported and brought into the mainstream, through innovative mechanism.

Dharmendra Pradhan

The minister urged for innovative mechanism to harness and support traditional knowledge in the country.

Lauding the efforts of NITI Aayog in coming up with the idea of ACICs, the Minister said that they will make available cutting-edge innovation platforms across all corners of our country, with a focus on Aspirational Districts, Tier 2 and 3 cities and to North-east and J&K which will give a fillip to the skill development and employment opportunities in these areas. ACIC’s grassroot-level approach shall focus on a community oriented problem solving through small ideas with a big impact. ACICs will become a conduit for CSR funding by private and public sector firms in addition to direct funding through Atal Innovation Mission (AIM).

Pradhan said reducing the lab to land distance is one of the key objectives of AIM and Atal Community Innovation Centre will help in further strengthening our mission to strengthen the entrepreneurial ecosystem of India. ACICs will add a new chapter to India’s innovation story. It is a platform where the most innovative minds of the country can get access to solutions to modern entrepreneurial challenges.

The Minister also said that India produces approx. 600 MMT of non-fossilised biomass through farm waste, which if converted to energy can help usher prosperity in rural economy, promote a sustainable energy future & make our Annadatas, our ‘Urjadata’, in line with Hon. PM’s vision of Waste to Wealth creation. This is a CSR initiative in true sense.He expressed full support for the culture of innovation in the Country and assured that the public sector undertakings from Steel and Petroleum Sectors will provide support and hand-holding in this innovation mission. “I have asked Public Sector Undertakings (PSUs) to support this initiative, I also request NITI Aayog & AIM to innovate ACICs to help in finding innovative solutions to extract consumable energy from Biomass available in the country”, Pradhan said. The Minister added that Unique and incentivized solutions offered by ACICs will encourage students, researchers and other individuals/group of individuals to ideate and design novel solutions. ACICs will also connect innovative thinkers to our market and mainstream economy.

ACIC is a new initiative of Atal Innovation Mission to support community innovation drive in the country. The program is directed to encourage the spirit of innovation through solution driven design thinking to serve the society. It will focus on underserved and unserved regions of the country which at present lack a vibrant start-up and innovation ecosystem. ACIC will be established either in PPP mode or with support of PSUs and other agencies. The maximum grant-in-aid support form AIM will be up to 2.5 crores subject following compliance to ACIC guidelines and contributing matching form the host institutions and their funding partners.

Following are the distinguishing features of the program:

  • Enabling infrastructure for building innovation ecosystem in above proposed areas.
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  • Offer opportunities to innovators to ideate in areas of societal importance
  • Capacity building of communities in evolving technologies and taking their solutions from ideation to prototype.
  • Promoting design thinking process to spur innovation
  • Providing a framework to engage local industries to facilitate offering of innovative solutions in their products, services and processes
  • Public private Partnership (PPP) mode to ensure financial sustainability and participationof central agencies, PSUs etc. to mobilize resources for running the program
  • Offer an opportunity for everyone to innovate, ideate and design impactful solutions, irrespective of their age.
  • One of the unique feature of this program wherein talented students and youth of ITI and Diploma will be offered opportunity to display their and build innovative solutions through ACIC.
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The Vice-Chairman of the NITI Aayog Rajiv Kumar and CEO of the Aayog Amitabh Kant also spoke on the occasion.

A new logo, posters, brochure and video, AICC website, and application portal were also launched on the occasion.

Innovate to turn biomass into energy: Pradhan

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Dharmendra Pradhan

The minister says 600 MMT of non-fossilized biomass could be converted to energy.

Minister of Petroleum and Natural Gas & Steel Dharmendra Pradhan has said that India produces approximately 600 MMT of non-fossilized biomass through farm waste, as per a Press Information Bureau release. This, if converted to energy, can help usher prosperity in rural economy, promote a sustainable energy and make our Annadatas (foodgrains providers), our Urjadatas (energy providers), in line with PM’s vision of Waste to Wealth creation.

Pradhan was speaking at the launch of Atal Community Innovation Centre (ACIC) in New Delhi, which has been set up to encourage the spirit of innovation at the community level across the country.

Noting that this was a CSR initiative in true sense, Pradhan expressed full support for the culture of innovation in the country and assured that the public sector undertakings from steel and petroleum sectors will provide support and hand-holding in this innovation mission. “I have asked Public Sector Undertakings (PSUs) to support this initiative, I also request NITI Aayog & AIM to innovate ACICs to help in finding innovative solutions to extract consumable energy from Biomass available in the country”, the minister said. He added that unique and incentivized solutions offered by ACICs will encourage students, researchers and other individuals/group of individuals to ideate and design novel solutions. ACICs will also connect innovative thinkers to our market and mainstream economy.

India holds energy talks with Niger, Togo, and Tonga

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Amina Moumouni, the Minister of Energy, Niger.

Marc Dederiwe Ably- Bidamon, Minister of Energy and Mines, Togo.

Union Minister of State for Power and New & Renewable Energy (IC) and Skill Development & Entrepreneurship RK Singh held bilateral meetings with Energy Ministers of Niger, Togo, and Tonga on 30 July. The bilateral talks were held with Amina Moumouni, the Minister of Energy, Niger; Marc Dederiwe Ably- Bidamon, Minister of Energy and Mines, Togo and Poasi Mataele Tei, Minister of Energy, Tonga in New Delhi, a PIB release said.

Poasi Mataele Tei, Minister of Energy, Tonga.

The meetings were held on the sidelines of first International Solar Alliance (ISA) Standing Committee Meeting in New Delhi. During the meetings, the Minister discussed various issues pertaining to ISA and areas of bilateral cooperation between India and these countries in Energy sector.

The ISA is an alliance of more than 122 countries headquartered in India. As the largest grouping of countries after the United Nations, ISA’s objective is to leverage solar energy in an efficient manner in order to reduce dependence on fossil fuels. As per the International Solar Alliance (ISA), it is conceived as a coalition of solar resource rich countries to address their special energy needs and provide a platform to collaborate on addressing the identified gaps through a common, agreed approach. The initiative was first proposed by India’s Prime Minister Narendra Modi in 2015.

 

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