Paris: Prime Minister Narendra Modi tonight cautioned against any unilateral steps that will lead to an economic barrier in the battle against climate change as he hoped that the developed countries would mobilise USD 100 billion annually by 2020 for mitigation and adaptation.
Addressing the COP 21 conference here, Modi also hoped that the developed countries will fulfil their commitments in a transparent manner.
“The principles of equity and common but differentiated responsibilities must remain the bedrock of our collective enterprise,” Modi said, adding that there should be aggressive mitigative action by developed countries by 2020.
Modi also underlined the need for a national will and genuine global partnership while taking steps to hammer out a climate change deal.
“We look to the developed countries to mobilise 100 billion US Dollars annually by 2020 for mitigation and adaptation,” he said.
Noting that conventional energy was still needed, he said it should be made clean and an end to its use should not be imposed. “And, there should be no place for unilateral steps that become economic barriers for others.