"It should be a universal agreement as it the biggest challenge to bring everyone on the same page but also differentiated as everyone face peculiar situations in regard to carbon emission," Richier said at a conference on climate change organised by ASSOCHAM.
"We have the lowest carbon emission in Europe and probably in the western world due to the size of our nuclear energy sector. Therefore, we are not in the same basket in comparison to other developed countries. So the agreement has to be differentiated. Likewise, India has a high carbon emission with very low per capita emission," he said.
"Energy contributes 70 per cent to the increasing temperature or carbon emission. The ambitious agenda that Indian government has set-up for renewal energy is exactly the kind of measure that is needed to be adopted everywhere," he said.
Speaking on private sector financing the climate change initiative, he said that the role of business community is of utmost important in mitigating the challenge but it should move parallel to the scientific opinions.
"There is more and more investment in solar energy and technology. This is a signal that people in business community are already thinking of long term and this is very encouraging situation."
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