World | India
India to unveil plan to deal with threat of global warming
India will unveil in June a national plan to deal with the threat of global warming, Prime Minister Manmohan Singh said on Thursday, but it will not commit to any emission targets that risk slowing economic growth.
New Delhi: India will unveil in June a national plan to deal with the threat of global warming, Prime Minister Manmohan Singh said on Thursday, but it will not commit to any emission targets that risk slowing economic growth.
Singh's Council on Climate Change will look at setting up a venture capital fund to promote green technologies, increasing energy efficiency and combating the possible impact of climate change on millions of India's poor.
Singh told a summit on sustainable development in New Delhi, "India is prepared to commit that our per-capita carbon emissions will never exceed the average per-capita emissions of developed industrial economies."
India, whose economy has grown by 8-9 percent annually in recent years, is one of the world's top polluters and contributes around 4 percent of global greenhouse gas emissions as its consumption of fossil fuels gathers pace.
But as a developing nation, India is not yet required to cut emissions under the Kyoto Protocol, despite mounting pressure from environmental groups and industrialised nations.
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