You are here: Home » PTI Stories » National » News
Business Standard

Ex-post facto approval to India's position at Rwanda meet

Press Trust of India  |  New Delhi 

The today gave ex-post facto approval to the negotiating position taken up by at the recent climate meet in Rwanda to phase down the damaging hydrofluorocarbons (HFCs).

In a landmark step, 197 nations, including India, had struck a legally-binding deal after intense negotiations in the Rawandan capital, Kigali, to phase down hydrofluorocarbons which are gases used in refrigeration, air conditioning and aerosols among other applications.



"The Union Cabinet chaired by the Prime Minister Modi has given its ex-post facto approval to the negotiating position adopted by the at the recent Meeting of Parties (MoP) to the Montreal Protocol of the Vienna Convention for Protection of Ozone Layer that took place during October 6-14 in Kigali in Rwanda," an official statement said.

The negotiations at Kigali were aimed at including hydrofluorocarbons (HFCs) in the list of chemicals under the Montreal Protocol with a view to regulate their production and consumption and phase them down over a period of time with financial assistance from the Multilateral Fund.

HFCs are not ozone depleting but global warming substances and if controlled, can contribute substantially to limiting the global temperature and advance actions for addressing climate change.

The Kigali agreement reached on the amendment to the Montreal Protocol on Substances that deplete the ozone layer is expected to prevent a global temperature rise of up to 0.5 degrees Celsius by the end of the century while continuing to protect the ozone layer.

"The Cabinet also approved the proposal of the Environment Ministry to argue for adoption of an appropriate baseline years from out of three options within a range of 2024 to 2030 with freeze in a subsequent year.

"The Cabinet approved the flexibility of using any of the options within this range with a combination of the features of the proposed options in consultation with the government," the statement said.

At Kigali, successfully negotiated the baseline years and freeze years which will allow sufficient room for the growth of the concerned sectors using refrigerants being manufactured domestically, thus ensuring unhindered growth with least additional cost and maximum climate benefits.

Modi had earlier termed the agreement as "historic" and said the deal would provide a mechanism for countries like to access and develop technologies that leave a low carbon footprint.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Ex-post facto approval to India's position at Rwanda meet

The government today gave ex-post facto approval to the negotiating position taken up by India at the recent climate meet in Rwanda to phase down the damaging hydrofluorocarbons (HFCs). In a landmark step, 197 nations, including India, had struck a legally-binding deal after intense negotiations in the Rawandan capital, Kigali, to phase down hydrofluorocarbons which are gases used in refrigeration, air conditioning and aerosols among other applications. "The Union Cabinet chaired by the Prime Minister Narendra Modi has given its ex-post facto approval to the negotiating position adopted by the government at the recent Meeting of Parties (MoP) to the Montreal Protocol of the Vienna Convention for Protection of Ozone Layer that took place during October 6-14 in Kigali in Rwanda," an official statement said. The negotiations at Kigali were aimed at including hydrofluorocarbons (HFCs) in the list of chemicals under the Montreal Protocol with a view to regulate their production and ... The today gave ex-post facto approval to the negotiating position taken up by at the recent climate meet in Rwanda to phase down the damaging hydrofluorocarbons (HFCs).

In a landmark step, 197 nations, including India, had struck a legally-binding deal after intense negotiations in the Rawandan capital, Kigali, to phase down hydrofluorocarbons which are gases used in refrigeration, air conditioning and aerosols among other applications.

"The Union Cabinet chaired by the Prime Minister Modi has given its ex-post facto approval to the negotiating position adopted by the at the recent Meeting of Parties (MoP) to the Montreal Protocol of the Vienna Convention for Protection of Ozone Layer that took place during October 6-14 in Kigali in Rwanda," an official statement said.

The negotiations at Kigali were aimed at including hydrofluorocarbons (HFCs) in the list of chemicals under the Montreal Protocol with a view to regulate their production and consumption and phase them down over a period of time with financial assistance from the Multilateral Fund.

HFCs are not ozone depleting but global warming substances and if controlled, can contribute substantially to limiting the global temperature and advance actions for addressing climate change.

The Kigali agreement reached on the amendment to the Montreal Protocol on Substances that deplete the ozone layer is expected to prevent a global temperature rise of up to 0.5 degrees Celsius by the end of the century while continuing to protect the ozone layer.

"The Cabinet also approved the proposal of the Environment Ministry to argue for adoption of an appropriate baseline years from out of three options within a range of 2024 to 2030 with freeze in a subsequent year.

"The Cabinet approved the flexibility of using any of the options within this range with a combination of the features of the proposed options in consultation with the government," the statement said.

At Kigali, successfully negotiated the baseline years and freeze years which will allow sufficient room for the growth of the concerned sectors using refrigerants being manufactured domestically, thus ensuring unhindered growth with least additional cost and maximum climate benefits.

Modi had earlier termed the agreement as "historic" and said the deal would provide a mechanism for countries like to access and develop technologies that leave a low carbon footprint.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Ex-post facto approval to India's position at Rwanda meet

The today gave ex-post facto approval to the negotiating position taken up by at the recent climate meet in Rwanda to phase down the damaging hydrofluorocarbons (HFCs).

In a landmark step, 197 nations, including India, had struck a legally-binding deal after intense negotiations in the Rawandan capital, Kigali, to phase down hydrofluorocarbons which are gases used in refrigeration, air conditioning and aerosols among other applications.

"The Union Cabinet chaired by the Prime Minister Modi has given its ex-post facto approval to the negotiating position adopted by the at the recent Meeting of Parties (MoP) to the Montreal Protocol of the Vienna Convention for Protection of Ozone Layer that took place during October 6-14 in Kigali in Rwanda," an official statement said.

The negotiations at Kigali were aimed at including hydrofluorocarbons (HFCs) in the list of chemicals under the Montreal Protocol with a view to regulate their production and consumption and phase them down over a period of time with financial assistance from the Multilateral Fund.

HFCs are not ozone depleting but global warming substances and if controlled, can contribute substantially to limiting the global temperature and advance actions for addressing climate change.

The Kigali agreement reached on the amendment to the Montreal Protocol on Substances that deplete the ozone layer is expected to prevent a global temperature rise of up to 0.5 degrees Celsius by the end of the century while continuing to protect the ozone layer.

"The Cabinet also approved the proposal of the Environment Ministry to argue for adoption of an appropriate baseline years from out of three options within a range of 2024 to 2030 with freeze in a subsequent year.

"The Cabinet approved the flexibility of using any of the options within this range with a combination of the features of the proposed options in consultation with the government," the statement said.

At Kigali, successfully negotiated the baseline years and freeze years which will allow sufficient room for the growth of the concerned sectors using refrigerants being manufactured domestically, thus ensuring unhindered growth with least additional cost and maximum climate benefits.

Modi had earlier termed the agreement as "historic" and said the deal would provide a mechanism for countries like to access and develop technologies that leave a low carbon footprint.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard