India has urged the developed world to declare its enhanced action plan for the second period of Kyoto Protocol. Speaking before his departure for New York for the signing of Paris Climate Change Agreement, Environment Minister Prakash Javadekar said on Monday that mobilising $100 billion is still at the stage of discussion and no concrete action plan has been laid out. The Minister is scheduled to attend the meeting of Major Economies Forum on April 23-24, 2016.
Javadekar said that India has levied a Clean Environment Cess of Rs400 per tonne on coal. The Minister added that if the developed world follows India in taxing its coal production, $100 billion can be raised.
He also said that the developed world must provide technological support to the developing nations in the fight against Climate Change.
The Minister highlighted that India is leading by example on mitigation and adaptation. laying out the details of India’s action on Climate Change after the Paris Agreement, he said that 175 GigaWatt of Renewable Energy has been targeted by 2022, out of which 40 GW Renewable Energy capacity has been achieved by March 2016.
He pointed out that the Government has decided to leapfrog from Bharat Stage IV (BS-IV) to Bharat Stage VI (BS-VI) emission norms by April 1, 2020, thereby skipping BS-V emission norms altogether”.