India calls for $1 trillion per year climate finance from next year, submits its proposal to the UNFCCC

India has asked the UN climate body to get developed countries to provide “at least” $1 trillion per year in climate finance to developing countries from 2025 for taking required actions to face the challenges of global warming. 

It’s not only a jump from the existing goal of $100 billion per year but also in sync with what the G20 New Delhi Declaration estimated it last year. India in its submission also reminded the rich nations of their “unmet $100 billion target” and urged them to take lessons from their failure while finalising new commitments. The new collective quantified goal (NCQG) for climate finance submitted to the UN for 2025-35 will be decided at the 29th session of UN climate conference (COP29) in November in Baku, Azerbaijan. Besides submitting its own proposal, India has also submitted the relevant documents on behalf of like-minded developing countries (LMDC) on Feb 16. The LMDC includes China, Pakistan, Indonesia, Nepal, Bhutan and Sri Lanka, TOI reported

Annual climate finance needs likely to cross $10 trillion by 2050: India’s CAG

Comptroller and Auditor General of India (CAG) Girish Chandra Murmu said the annual climate finance requirements are estimated to cross $10 trillion by 2050. Not meeting these requirements will only intensify socio-economic consequences related to climate-linked disasters. The CAG made the comment at a seminar on climate financing. He urged for immediate action and highlighted the potential advantages of making timely investments in low-carbon and climate-resilient pathways.

Panel clears widening of road in core of Kaziranga

Standing Committee of the national board for wildlife NBWL gives nod to four laning of  which will involve loss of forests in Kaziranga tiger core area; forest diversion in tiger corridor of Nagarjuna Sagar Tiger Reserve (NSTR), Sri Venkateswara National Park for Bharatmala projects. HT reported that the government will divert 20.42 ha of forest land from the core zone of Kaziranga Tiger Reserve and 364.98 ha from the eco-sensitive zone of the reserve for widening and improvement of an existing road to a four-lane configuration.

The report said that the proposal includes construction of elevated road in three stretches of about 20 km, 10 km and 5 km which will act as a mitigation measure to facilitate movement of animals. HT pointed out that the standing committee’s clearance to the road on February 22 came days ahead of the Supreme Court order reprimanding the Uttarakhand government for allowing illegal constructions and felling of trees in the Corbett tiger reserve.

The purpose of the project is to ensure 24 x 7 movement of animals across the road but environmentalists ask how only an elevated road would ensure 24 x 7 movement of animals across the road if the villages / construction/ Resorts / boundary walls etc on the corridor are not completely removed? The obstruction to animals on the corridor are anyway going to be there. Agricultural land in the area is being converted to non agricultural rapidly and each passing day new 5 star hotels and resorts are coming up in the close vicinity of the park,” said RTI activist Rohit Choudhury.

Haryana to revive 35k hectares of Aravalis

Haryana finalised its proposal for the Aravali Green Wall project to revive degraded areas of the hills in seven districts for creating a continuous ecological barrier along the range.

In the first phase, 66 water bodies will be developed in the Aravalis of Gurgaon, Faridabad, Nuh, Rewari, Mahendergarh, Charkhi Dadri and Bhiwani.

The state will revive 35,000 hectares of land, including 18,000 hectares in Gurgaon. govt’s plan, Gurgaon will develop 15 water bodies, Faridabad, 23, Rewari, 2, Mahendergarh, 15, Charkhi Dadri, 6 and Bhiwani, 5.

A 2022 report by the Indian Space Research Organisation (Isro) had found that around 8.2% of Haryana’s total area – or 3.6 lakh hectares – had degraded to become more arid over the years. Experts said this was largely the impact of illegal mining and deforestation. The total degraded land in the Aravalis across all four states was calculated at 2.3 million hectares in 2018-2021.

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