Day: October 1, 2021

The two parties agree to exchange information on the latitudes and longitudes of all nuclear facilities. This agreement will be ratified at a later date and, since then, the two countries have been exchanging information every year on 1 January. In September, Pakistani President Asif Ali Zardari and Indian Prime Minister Singh officially announced the opening of several trade routes between the two countries. 1999: Indian Prime Minister Atal Bihari Vajpayee meets his Pakistani counterpart Nawaz Sharif in Lahore. They signed the Lahore Declaration, the first major agreement between the two countries since the Simla Agreement of 1972. The two countries reaffirm their commitment to the Simla Agreement and agree to adopt a series of “confidence-building measures” (CBM).

India`s INDC highlighted the challenges of eradicating poverty while reducing greenhouse gas emissions. About 24% of the world`s population without access to electricity (304 million) lived in India. Nevertheless, the country planned to “reduce the emission intensity of its GDP by 33-35% by 2030” compared to its 2005 level. The country has also attempted to buy about 40 percent of its electricity from renewable energy sources and not fossil fuels by 2030. The INDC found that plans to implement domestic resources would not be affordable: it estimated that it would take at least $2.5 trillion to implement climate change measures by 2030. India would achieve this goal through technology transfer (transfer of capacity and equipment from more developed to less developed countries and international financing, including support from the Green Climate Fund (a programme to support populations vulnerable to the effects of climate change by investing in low-emission technologies and developing climate-resilient development). The countries most affected by the effects of climate change will be low-lying countries, which are particularly vulnerable to sea-level rise, and developing countries that do not have the resources to adapt to changes in temperature and precipitation. But prosperous nations, like the United States, are also increasingly vulnerable. In fact, millions of Americans – especially children, the elderly, and the impoverished – are already suffering from the wrath of climate change. INDCs become NDCs – national contributions – as soon as a country formally accedes to the agreement.

There are no specific requirements on how or to what extent countries should reduce emissions, but there were political expectations about the nature and rigour of different countries` targets. As a result, national plans are very different in scale and ambition and largely reflect each country`s capabilities, level of development and contribution to emissions over time. For example, China has pledged to level its CO2 emissions by 2030 at the latest and reduce CO2 emissions per unit of gross domestic product (GDP) by 60-65% by 2030 compared to their 2005 level. . .