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07-11-2021, 10:25 AM
November 3, 2021
10:58 PM +08
Last Updated 4 days ago
By Neha Arora and Mayank Bhardwaj
NEW DELHI, Nov 3 (Reuters) - India did not sign the COP26 pledge to stop deforestation and cut methane gas emissions by 2030 because of its concerns over the impact on trade, on the country's vast farm sector, and the role of livestock in the rural economy, officials said.
......
Agriculture accounts for over 15% of India's US$2.7 trillion economy and employs almost half of the country's more than 1.3 billion people.
Around two-thirds of Indians live in the countryside and India's large livestock population is central to the country's agriculture and its village economy.
That makes reducing methane emissions, generated by cows' digestive systems and manure, a major challenge.
Forestry in itself is less of an issue for India, but the country was troubled by a clause in the COP26 declaration that could limit trade
......
"Since our international trade is increasingly becoming a big part of our economy, we clearly did not want any clause on trade," said one official. "We did not want any mention of trade because our stand is that any commitment to the environment and climate change should not involve any reference to trade."
As India is a member of the World Trade Organization (WTO), any trade-related matter should only be looked into by the WTO
https://www.reuters.com/business/cop/fea...021-11-03/
10:58 PM +08
Last Updated 4 days ago
By Neha Arora and Mayank Bhardwaj
NEW DELHI, Nov 3 (Reuters) - India did not sign the COP26 pledge to stop deforestation and cut methane gas emissions by 2030 because of its concerns over the impact on trade, on the country's vast farm sector, and the role of livestock in the rural economy, officials said.
......
Agriculture accounts for over 15% of India's US$2.7 trillion economy and employs almost half of the country's more than 1.3 billion people.
Around two-thirds of Indians live in the countryside and India's large livestock population is central to the country's agriculture and its village economy.
That makes reducing methane emissions, generated by cows' digestive systems and manure, a major challenge.
Forestry in itself is less of an issue for India, but the country was troubled by a clause in the COP26 declaration that could limit trade
......
"Since our international trade is increasingly becoming a big part of our economy, we clearly did not want any clause on trade," said one official. "We did not want any mention of trade because our stand is that any commitment to the environment and climate change should not involve any reference to trade."
As India is a member of the World Trade Organization (WTO), any trade-related matter should only be looked into by the WTO
https://www.reuters.com/business/cop/fea...021-11-03/
