In fact, a report published by UN Climate Change has warned that the ‘nationally determined contributions (NDCs)’, or climate action plans of member states, would reduce greenhouse gas emissions (GHGs) to 2 percent below the 2019 levels, while a 43 percent reduction is needed.
In rough terms, around 22 gigatonnes of GHG emissions must be cut to achieve the climate targets.
Major developing economies like China and India, on the other hand, have set a net-zero target of 2060 and 2070 responsibility.
According to the UAE presidency, the GST is slated to play a “central role” in the global fight against climate change due to its focus on accelerating emissions cuts, strengthening resilience to climate impacts, and providing the support and finance needed for the transformation”.
What’s worse is that the developing nations need at least 10 times more than the current funding levels to tackle climate change, which has had a disproportionate impact on them despite the fact that the Global South had little or no role to play in fomenting the climate emergency.
Why Does West Bear Historical Responsibility For Tackling Climate Change?
According to data visualisation website Our World in Data, the US has emitted nearly 400 billion tonnes of carbon dioxide since 1751, and bears responsibility for a quarter of historical emissions.
The EU, on the other hand, is responsible for 22 percent of the emissions since 1751.
While nations like India and China are big emitters in the current context, their share of historical emissions has been relatively low as compared to rich nations.
According to the Intergovernmental Panel on Climate Change (IPCC), a 1.5 Degree Celsius rise in global temperature would result in "increasing heat waves, longer warm seasons and shorter cold seasons".
"At 2°C of global warming, heat extremes would more often reach critical tolerance thresholds for agriculture and health," according to an IPCC report.
Positions of India & China on Climate Transition
Kwatra added that even though India’s development would focus on “green technologies”, it would also take into consideration the “development priorities” of India.
Chinese foreign ministry spokesperson Wang Wenbin however pointed out that “mitigation efforts from developed countries weren’t enough.
“They should take the lead in drastically increasing their efforts in emissions reduction, reach net zero carbon emissions much earlier than 2050,” Wang told a press briefing on Wednesday.