Environment Current Affairs

India ratifies 2nd commitment period of Kyoto Protocol

India has ratified the second commitment period of the Kyoto Protocol (or Doha Amendment) that commits countries to contain the emission of greenhouse gases (GHGs). In this regard, India deposited its Instrument of Acceptance of the Doha Amendment to the Kyoto Protocol.

With this, India became the 80th country to accept the amendment relating to the second commitment period (2013- 2020) of the Kyoto Protocol.

About Kyoto Protocol

The Kyoto Protocol is an international GHGs emissions reduction treaty linked to the United Nations Framework Convention on Climate Change (UNFCCC). It commits its Parties by setting internationally binding GHGs emission reduction targets. It was adopted in Kyoto, Japan, in December 1997 and entered into force in February 2005.

The protocol is based on principle of equity and Common but differentiated responsibilities and respective capabilities (CBDR). It places obligations on developed nations to undertake mitigation targets to reduce emissions and provide financial resources and technology to developing nations. Developing countries like India have no mandatory mitigation obligations or targets under the Kyoto Protocol.

The first commitment period under the Kyoto Protocol was from 2008-2012. The second commitment period of the Kyoto Protocol or Doha Amendment for 2013-2020 period was adopted in 2012. The amendment includes new commitments for parties to the Protocol who agreed to take on commitments in a second commitment period and a revised list of GHGs to be reported on by Parties.

Comment

The ratification of second protocol reaffirms India’s stand on climate action. It also further underlines India’s leadership in the comity of nations committed to global cause of environmental protection and climate justice. It will encourage other developing countries also to undertake this exercise. Under the second commitment period, implementation of clean development mechanism (CDM) projects will help Indian attract some investments.

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Maharashtra Government to raise $270 m from Green Climate Fund

The 2030 Water Resources Group (2030WRG) has decided to help the Maharashtra Government to raise $270 million from the Green Climate Fund (GCF).

The amount raised will be invested in state government’s integrated watershed programmes such as Jalyukt Shivar Yojana which has successfully augmented the ground water in drought affected areas of the state.

Moreover, the raised fund will be also used to further connect efficient use of water at the village level, where the fund will be useful for technology and infrastructure development. It will also be used in crop diversification and adding market linkages.

Maharashtra Water Resources Multi-Stakeholder Platform (MWRMP)

2030WRG along with the Maharashtra Government have launched the MWRMP to address critical water resources challenges in the State. The platform will be chaired by the Chief Secretary of Maharashtra.

The platform aims to accelerate water use efficiency programme in irrigated areas, along with agriculture growth and income enhancement. It will also develop public-private-community partnership models for implementation of the programmes. It will develop viable financing solutions, including blended finance models for promoting efficient use of water. 

2030WRG

The 2030WRG is hosted by the International Finance Corporation (IFC), a member of the World Bank Group. It is a public-private-civil society collaboration for water resources reform in developing economies. Its ultimate aim is to close the gap between water demand and supply by the year 2030. It facilitates open, trust-based dialogue processes to drive action on water resources reform in water stressed countries in developing economies.

Green Climate Fund (GCF)

The GCF is a fund under the UN. It is guided by the principles and provisions of the UN Framework Convention on Climate Change. It aims to help developing countries to finance clean energy projects other mitigation efforts and adaptation to climate change.

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