Important for
Prelims: Geography and Environment
Mains: General Studies I
Petersberg Dialogue 2023
Why in news?
- The Petersberg Dialogue on Climate Change was hosted in Berlin, Germany from May 2-3, 2023, by Germany and the United Arab Emirates, which is hosting the 28th Conference of Parties (COP28) to the United Nations Framework Convention on Climate Change(UNFCCC).
What is Petersburg Dialogue ?
- Annual high-level political and international forum held before the United Nations Climate Change Conferences (COP).
- The forum aims to prepare for successful negotiations at COP climate change conferences.
- The dialogue focuses on climate adaptation, climate finance, and dealing with loss and damage.
Outcomes of Dialogue
- UN Secretary-General emphasized the need to “break our fossil fuel addiction and drive decarbonization in every sector” to achieve a 1.5°C global warming pathway.
- The developed countries are “on a good track” to deliver the USD 100 billion per year they had promised to mobilize by 2020 during COP15 in 2009.
- However, a recent estimate pegs climate finance needs at 1 trillion USD annually by 2030 for emerging markets alone, highlighting the urgent need for financial reparations.
- The need for an urgent global financial systems transformation was underlined so that crucial climate finance can be unlocked for the most climate vulnerable countries in the world.
- The burden of keeping global temperatures from rising beyond 1.5°C cannot fall on the poorest countries, who are least responsible for the stock of greenhouse gases in the atmosphere.
India’s Initiatives against Climate change
- National Action Plan on Climate Change (NAPCC), 2008
- National Green Tribunal Act, 2010
- Unnat Jyoti by Affordable Lighting for All (UJALA)
- Pradhan Mantri Ujjwala Yojana (PMUY)
- Zero Defect and Zero Effect (ZED)
- Promotion of Biofuels
- Fame Scheme
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