COP27 president Sameh Shoukry said he has drafted texts on topics of negotiation on which no consensus had been reached & parties will be provided further opportunity to respond to them.
At COP27 negotiations Thursday, European Union agreed to set up a loss & damage climate finance facility that serves 'most vulnerable countries' only, and draws on a wide donor base.
The shortfall in the set target of 175 GW by end-2022 is largely due to underperformance in rooftop solar and wind energy sectors, natural factors and policy shortcomings.
Financial facilities to developing countries facing debt crises was dropped from draft text, along with India's proposal to phase down 'all fossil fuels'.
High-emitters like US should take on greatest responsibility to tackle emissions and help — without being stalled by dialogue — finance nations most vulnerable to climate change.
The climate summit, which started on 6 November, is scheduled to end Friday, but may stretch for longer if the issues aren’t resolved in time, said observers.
India has proposed that limiting global warming 'requires phase down of all fossil fuels', not one. Last year it opposed coal phase out, leading to adoption of phase down clause instead.
Delivering the national statement at the climate summit, Bhupender Yadav said the country seeks to foster strong international cooperation through action & solutions-oriented coalitions.
Once acquired by IAF, the medium transport aircraft (MTA) will replace both AN-32s and IL-76s, it is learnt. The idea behind the revamp is to meet modern operational needs.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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