ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Shreekant GuptaSubscribe to Shreekant Gupta

Inaction on Climate Change

Not only does the US 'lead' by not acting on climate change, it has also emerged as the biggest stumbling block in the efforts by the world community to address the problem. As the Kyoto Protocol is about to become a reality and the world gears for the next round of negotiations, India must decide where it stands: Does it want to suck up to the US or stand up to its intransigence on climate action?

India, CDM and Kyoto Protocol

With the impending ratification of the Kyoto Protocol by Russia, the treaty will come into effect, marking a landmark event in efforts at climate change. It is clear that countries like India will be affected by any global architecture for greenhouse gas (GHG) abatement that emerges. Despite near-term uncertainty about the size of the clean development mechanism market and the price of certified emissions reductions (CERs), it is very likely that India will be a major player. In the long run India along with other developing countries may take on some commitments especially where emissions trading may be an important component of the GHG abatement architecture. It is, however, important that we understand and address the problems in using a market-based approach to environmental management in India, particularly with respect to monitoring and enforcement.

Dithering on Climate Change

India failed to put forward a well thought out, coherent and long-term climate strategy at the recent UN climate change conference in Delhi and missed an opportunity to jumpstart the climate change negotiations that have been stalled since the last important milestone at Kyoto, Japan five years ago.
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