⭐️ One of the rhetorics across the Western corporate and regulatory forums which I keep hearing and subsequently rebutting is the disproportionate expectations they hold on Bharat (India) and broader Asia, labelling Bharat as one of the prime emissions contributors despite being one of the least ones when compared against the developed nations and their historical emissions footprints through which the developed nations enjoyed a lucrative ride of their own economic growth.
This also comes vis à vis an inequitable and inadequate distribution of climate funds and instruments therein provided by the developed nations to the developing nations, thereby failing on their pledged commitments wrapped under capitalist strategies for 'global good'.
🟠Speaking of Bharat and most pertinently the country's historical contribution to global
#GHG emissions, stands at only about 4% against a share of ~17% of the world’s population, and as such it has contributed little to the accumulation over time of
#GHG in the atmosphere despite having to transition away from the historically laid out infrastructure plumbed during the colonised times that it withstood (which predominantly relied on coal, thanks to the British colonisation period of circa 90 years).
🟠As for broader Asia, even the AR6 of
@IPCC_CH 2022 acknowledges the contribution of entire Southern Asia collective, to have been recorded at only about 4% of the historical cumulative net anthropogenic emissions between 1850 and 2019, even though the region holds almost 24% share of the global population.
🟠North America,
#UK, and
#Europe on the other hand, alone have contributed almost 10 times more to global cumulative emissions through this period, though they comprise of only ~13% of the global population.
🟠As for the rhetoric around Bharat's reliance on coal, a case in point, one must note that the nation's per capita consumption of coal, its leading natural fossil fuel resource, when normalised for coal quality, was half the world's average in 2019 & its natural gas consumption was 30-50 times lower than many
#OECD nations. For the record, the global oil and gas emissions are 25% higher than coal emissions.
🟠As it stands and validated by the
@UNFCCC, Bharat has only a minimal historical contribution to the consumption of the global carbon budget alongside its annual per capita emissions which remains modest when compared against the demography size. Infact, a disproportionately large part of the global carbon budget has been used by developed countries leaving the developing nations to breadcrumbs, with the latter having to meet their sustainability and climate action commitments through a large portion of domestic resources whilst ensuring a stead economic growth.
🟠The world, from 2020, has a remaining carbon budget of 500 GtCO2, to have a 50% probability of limiting global warming to 1.5°C scenario pathway relative to pre-industrial levels, and a remaining carbon budget of 1350 GtCO2 to have a 50% probability of limiting global warming to an increase of 2°C! In simple terms, the West could perhaps learn the basics of economics, finance, mathematics, and sustainability from Bharat, to break even on the demand versus supply ratio climate funds.
We've not even elaborated upon about Bharat's strategic low-carbon transition growth initiatives, investments in renewable energy, green tech, economy-wide de-coupling of growth from emissions, development of a green industrial ecosystem, smart grids, amongst other in-flight initiatives.
🔴The Western world must note without amiss,
#climateaction and
#netzerotransition call for international co-operation, reciprocal collaboration, capacity building, deliberate use of climate technologies, data-driven decisioning, and most pivotally, an equitable multilateral & bilateral climate financing model; NOT blame game.
@narendramodi @DrSJaishankar @PiyushGoyal @nsitharaman @HardeepSPuri @byadavbjp @AshwiniVaishnaw @sanjeevsanyal @Tejasvi_Surya @amishra77 @PMOIndia @eucommission @UNEP @theGCF