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Covid's climate setback

India has done well so far but many falter on the Paris agreement

Topics
Coronavirus | Climate Change | Paris agreement

Business Standard Editorial Comment  |  New Delhi 



Even as the fight against global warming suffers a grave setback across the world due to the Covid-19 pandemic, India has done well to keep an eye on its commitments under the on . Setting up a high-level inter-ministerial committee to coordinate implementation of various climate-related programmes, even when the country is still struggling to rehabilitate its economy, is an evidence of this. The panel has been asked to revitalise the carbon market in India and serve as its national authority (regulator). This can be viewed as a fresh bid to use market as a means to incentivise emission reductions and generate funds for investment in clean technologies.

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First Published: Thu, December 10 2020. 00:20 IST

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