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Issue 4
March , 2007
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Climate change expert committee to be formed: Finance Minister

By: Parvinder Singh, Source: Toxics Link, Date: March , 2007

India will set up an expert committee to study the impact of climate change on the country, even though it does not significantly contribute to green house gas (GHG) emissions, Finance Minister P. Chidambaram said in his budget speech in parliament, according to an official release.

'India is not a significant contributor to GHG emissions nor will be so in the foreseeable future. Nevertheless, in line with the principle of common but differentiated responsibility, India has taken important steps to mitigate GHG emissions and adapt to climate change impact,' Chidambaram said during his budget speech.

'Government proposes to appoint an expert committee to study the impact of climate change on India and identify the measures that we may have to take in the future,' he added.

The minister said India has strongly promoted the clean development mechanism (CDM) under the Kyoto Protocol and has the world's largest number of CDM projects.

However, he confessed that India is among the countries 'more vulnerable to climate change'.

The Intergovernmental Panel on Climate Change (IPCC) report published in early February, had underlined that India would experience dry monsoons, heat waves, extreme precipitation and severe drought in the future. The report had also highlighted that the country is under a threat of increased glacier retreat and rising sea level.

In a revealing instance that showcases the side-tracking of environmental issues, Chidambaram did mention in his official speech that the overall budget for the ministry of environment and forests had been set at Rs 1,539 crore, which is a mere Rs 19 crore hike from the past year.

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