December 7, 2015 7:15 AM

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India to ensure that rich countries pay back their debt for overdraft drawn on carbon space: Javadekar

India has said it is determined not to make the Paris climate meet like past summits where nations returned with false optimism and fictitious hopes and would ensure that rich countries pay back their debt for overdraft drawn on the carbon space. The statement came yesterday as the crucial high level segment gets underway today where ministers of 195 countries will deliberate on the draft negotiating text. The draft negotiating text emerged on Saturday to reach a final agreement to tackle the challenge of climate change. The envisaged deal seeks to revolutionise the world's energy industry by replacing coal, oil and gas with renewable sources that do not emit heat-trapping greenhouse gases.<br/><br/>Meanwhile, Environment Minister Prakash Javadekar reached Paris yesterday to attend the high level segment. He said, the United Nations Framework Convention for Climate Change, UNFCCC is a fundamental global climate constitution, however India has made it clear that any attempt to rewrite or to overwrite will not be acceptable. Mr Javadekar said, We are at this time midway on our journey to reach new climate agreement, but substance-wise we are not midway but sometimes at crossroads. He said, India is ready and committed to work with French Presidency which has done a monumental job over the last one year to build political momentum. Noting that India will not let the Paris conference fail in reaching its objectives, the minister said that the country will ensure that the seminal principle of Common But Differentiated Responsibilities is respected.

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