"On this Earth Day, we have made History. As many as 171 countries have signed the Paris agreement. It is the triumph of collective wisdom," Environment Minister Prakash Javadekar said in his statement to the world body on the high-level signing ceremony here yesterday.
Javadekar said the agreement explicitly highlights the benefits of sustainable lifestyle and consumption and warned that the extravagant lifestyle of some countries would render the planet unsustainable.
"If we continue with unsustainable consumption, we would require three planets, and we don't have them. We have only one planet. There is only one Mother earth and we must take care of it," he said.
Javadekar stressed that there is an impetus for operationalising the vision of 'Climate Justice' as enshrined in the Preamble of the Paris Agreement.
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As many as 175 world leaders signed the Paris Agreement at UN Headquarters, with UN Secretary General Ban Ki-moon describing the day as an "historic" one since this was by far the largest number of countries ever to sign an international agreement on a single day.
Adopted in Paris by the 196 Parties to the UN Framework Convention on Climate Change at a conference known as (COP21) last December, the agreement's objective is to limit global temperature rise to well below 2 degrees Celsius, and to strive for 1.5 degrees Celsius.
the Paris agreement, the ratification of the second commitment period of Kyoto Protocol is also urgent and needs to be done immediately.
"Developed world must take enhanced targets and declare them as soon as possible for 2016-2020. There cannot be 'action holiday' of five years," he said.
He pointed out that countries have to cooperate on clean actions, saying "competitiveness concerns should not over-shadow our common resolve to build a sustainable future."
Highlighting the steps India has taken towards its commitment to cut greenhouse gas emissions, he said India will reduce its emission intensity by 35 per cent by 2030 and build 40% capacity for power generation from non-fossil fuels.
"This is part of our INDCs and we take this very seriously," he said.
Javadekar informed the world body that India has already "started on the road" to achieve its commitments, including taxing coal at the rate of USD 6 per tonne and using the money in investments in clean environment.
"If the world follows India's example" by taxing coal "it will generate the elusive USD 100 billion much early, and more easily," that is required for the climate fund.
The country has also distributed 100 million LED bulbs and made them cheaper by 80% from USD 4.7 to USD 0.8.
"We will save 80 Million tonnes of Carbon equivalent per annum, when we will complete LED programme of one billion lights in next 3 years," he said.