Monday, March 26, 2012

Climate Deal

The Minister of State (I/C) for Environment and Forests Smt. Jayanthi Natarajan informed Lok Sabha today that at the seventeenth session of the Conference of Parties to the United Nations Framework Convention on Climate Change, which concluded in Durban, on Dec 10, 2011, the Parties adopted a set of decisions. She further stated that the key decisions include a decision to establish the second commitment period of the Kyoto Protocol, operationalising the Green Climate Fund and the Technology Mechanism and adoption of the guidelines for transparency arrangements. It was also decided at Durban to launch a process under the Durban Platform for Enhanced Action, to develop a protocol, another legal instrument, or an agreed outcome with legal force under the Convention applicable to all Parties for the post-2020 period. The process under the Durban Platform is to be completed as early as possible but no later than 2015 for the new arrangement to come into effect and be implemented from 2020. 

The Minister further stated that at Durban, India ensured that the importance of some of the unresolved issues relating to Bali Action Plan adopted at the Thirteenth Conference of Parties (COP-13) at Bali viz. Equity, Unilateral Trade Measures and Technology- related Intellectual Property Rights is recognized. India remains committed to implementation of decisions taken in Durban in accordance with the principles of equity and Common But Differentiated Responsibility (CBDR) of the Convention.