India Set to Ratify Paris Climate Change Agreement at United Nations

India will give formal consent to the Paris climate change pact at the United Nations (UN), according to sources. Prime Minister Narendra Mo...

India will give formal consent to the Paris climate change pact at the United Nations (UN), according to sources. Prime Minister Narendra Modi's cabinet had given its approval on Wednesday to give consent to the Paris agreement on Sunday, on the occasion of the birth anniversary of Mahatma Gandhi. Himank Kothiyal (Environment Ministry Representative) said Indian officials would hand over the ratification utensil to UN officials in New York on Sunday. India accounts for about 4.5% of global greenhouse gas release. The Paris pact will come into force when 55 countries contributing to at least 55% of total global release treaty the deal. So far 61 countries have deposited their instruments of approval accounting for 47.8% of global ejection an Indian government statement said.

India has enacted that by 2030 that at-least 40% of its electricity will be generated from non-fossil sources. This includes 175GW Renewable energy capacity by 2022. Money is the strong challenge for India, which requires over $2.5tn to meet all its targets. Which will achieve the targets only if other countries give it money and discounts on new technology.