On 2nd October 2016, India became the 62nd country to join the ‘Paris Agreement on Climate Change’ which was proposed by Paris in the year 2015 and signed in December 2015. With the advancement in technology and setting up of industries the gases responsible for causing greenhouse effect have come into action. This has resulted in the rise of overall temperature of the earth. This has come out as a threat not just for the environment but to the entire life on the earth.
CO2 is one of the most active gases emitted from various factories and industries and this contributes to a great extent in damaging the environment. The Paris agreement is to ensure that the carbon dioxide emission is minimised in order to save the earth from degradation. As per the reports, India is the fourth largest emitter of carbon dioxide thereby adding more to the greenhouse effect. The urgency to curb the (CO2) emissions was acknowledged by Prime Minister Narendra Modi which led him to make India the member of this Agreement. The agreement requires all the member countries to reduce the carbon dioxide emissions as much as possible so as to maintain the global average temperatures and curb it from rising more than 1.5 degree Celsius. By ratifying the agreement, India which emits 6% of the global CO2 is required to cut down this percentage.India has sketched out a plan to fulfil its commitments to the agreement where it aims at curbing the carbon emissions by 33-35% of emission per GDP from the levels of 2005 over a time period of 15 years. India intends to produce 40% of its total electricity from the non-fossil sources or the renewable energy sources. This is to say that in order to abide by the terms and conditions of the agreement, India will have to produce its power from solar, hydropower, wind, and biomass in heavy amounts. Another important step that India is required to take after signing the Paris Agreement is that it will have to expand its forest cover by 5 million hectares with a pre-condition to improve and maintain the quality of the green cover throughout by the year 2030.
India’s joining the deal has created a sensation in the world and has created a considerable impact on the developed countries as well. As India is one of the early members of this agreement it would be at a favourable position and this action would create a pressure on the developed countries to join the cause and at the same time to provide loans and finances to the developing countries so as to encourage the cause.