India for new arrangement in Paris under CBDRs on carbon space

India today made it clear that it wants a new arrangement in Paris under the Convention of Common But Differentiated Responsibilities (CBDRs) to allow it to use carbon space for its development even as intense negotiations were on at the climate meet in the French capital.
It also demanded that developed nations should act responsibly and fulfill their commitment for providing finance and technology to developing countries for reducing carbon emissions.
Asserting that India will try to evolve a solution rather than creating a problem, Environment Minister Prakash Javadekar said, "We want any new arrangement in Paris under the CBDR Convention with responsibility principle intact as well as providing us opportunity for having space which allow us development. Which allow us... Carbon space what we require."

His remarks came in the backdrop of the US, the European Union and other developed countries maintaining that this time all countries must chip in and that the rich-poor firewall is outdated seeking equal share of responsibilities.
He also emphasised that India was "very positive, proactive and pragmatic" in its approach.
"Finance and technology are two important aspects and developed world which has taken commitment of USD 100 billion, they will have to complete that commitment," Javadekar said.

He further said that the cost of climate change has increased to trillions of dollars from USD 100 billion committed by the developed nations in 2009.

"The USD 100 billion figure was derived by the developed world in 2009 so what we are asking them is whatever you have committed, fulfil it and there is additional cost which nations are already taking upon themselves," he said on the sidelines of an event here.
Sharing an example, Javadekar said, some of the bigger countries of the developing world are also helping others like India assisting Nepal, Bhutan, Sri Lanka, Myanmar even Afghanistan for their environment programmes also.
Around USD 2.5 trillion will be required for meeting India's climate change actions in the next 15 years by using domestic resources and foreign financial commitments.

He also expressed hope that the 'International Solar Alliance' launched between 120 countries at Paris COP21 Climate summit will pave way for investments and also help in bringing down the prices.