Bhupender Yadav: Developed nations must shun the tendency of profiteering from a disaster, says environment minister Bhupender Yadav | India News


NEW DELHI: India on Sunday urged the global North (developed countries) to shun “the tendency of profiteering from a disaster”, reminding them that the climate change crisis is starkly different from other global crises of trade and finance and therefore they must stay away from traditional responses.
Articulating India’s point at the Raisina Dialogue here, environment minister Bhupender Yadav said greenwashing, abrogating historical responsibilities (of rich nations who emitted a lot in the past) and protectionism in the name of climate action need to be stopped.
Noting that the adverse impact of climate has become “alarmingly perceptible” in the last decade or so, Yadav said, “I would like to remind, especially friends from the global North, that we must understand that this crisis is starkly different from other global crises of trade and finance and therefore traditional responses and the tendency of profiteering from a disaster need to be shunned.”
His remarks clearly referred to the demands of developing countries who have long been insisting for technological support (sharing of cutting-edge technology without getting into business/trade aspects of intellectual property rights for profit making) from the North to help them on mitigation and adaptation fronts to deal with the challenges of climate change.
Various technologies including battery storage, carbon capture and utilization, energy efficient operations and even cost-effective electrolysers for production of green hydrogen are available in the developed countries, but the business aspects of it deterred the developers to share it with developing countries even as the world is facing the urgency to adopt low emission measures and adapt itself to face the common climate crisis.
Emphasizing that he did not want to impose an opinion but to kindle an aspiration, Yadav saidhe was confident that through its G20 presidency, India will work with its partners to put forward a “coherent roadmap for climate action and sustainable development” which puts the concerns of the global South (developing countries) at the centre when it comes to making “climate smart policies”, domestically and globally.
He said climate smart policies act as a policy tool for specific action for sustainable development. “It is unfortunate that the world learnt about the concept of sustainability the hard way. We are now witness to how mindless consumption and unplanned development has jeopardized food and energy security across many nations. There are developing countries that are reeling under the menace of unsustainable debt and at the same time are also victims of unsustainable consumption and production processes of the developed world,” said Yadav while delivering his speech that reflects the concerns of all developing and least developed countries.
Yadav said the theme for India’s G20 Presidency: Vasudhaiva Kutumbakam – One Earth, One Family, One Future – reimagines the world as a family with shared interest and a common future. “It underscores the need to join efforts to face challenges and create a better world order. Mission LiFE is a clarion call given by the Prime Minister (Narendra Modi) in the same spirit, underpinning the need to bring individual efforts at the forefront of global climate action,” said the minister.


Please enter your comment!
Please enter your name here