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India for economic package to gear climate change

Posted Jan 24 2009 4:24pm

New Delhi: Stressing that it contributes much less to the global greenhouse emission, India has said that it would seek special financial package from developed countries to acquire cleaner technology and fight climate change at the upcoming climate change conference in Poland.

"India will demand financial architecture as deliberated during Bali Conference on climate change," Environment Secretary Vijay Sharma said.

He said there should be a special fund for developing nations, which should not be less than 0.5 per cent of the GNP.

Pointing that India shouldn't be blamed for greenhouse gas emission, the Secretary said the country's emission level is 1/15th of the European level, 1/12th of the Japanese level and 1/4th of the global level, reports IANS.

"India is looking at deep emission reduction commitment from the developed nations," Sharma told reporters here.

He said the climate change conference beginning December 1 at Poznan, Poland, will certainly focus on adoption of new technology, mitigation of global warming challenges, financial cooperation and international communication.

The conference will also analyse the fourth report of the Inter-governmental Panel on Climate Change (IPCC) and contribution of civil aviation and marine sector to the existing problem.
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