On November 26, 2020, India and Finland today signed a MOU for developing cooperation between two countries in the field of Environment protection and biodiversity conservation.
- The MoU is a platform to further advance Indian and Finnish partnership and support, exchange best practices in areas like prevention of Air and water pollution; Waste management; Promotion of circular economy, low-carbon solutions and sustainable management of natural resources including forests; Climate change; Conservation of Marine and Coastal Resources; etc.
- Union Minister Prakash Javadekar s said that India will achieve its target of reducing 35% emissions intensity of its GDP well before the year 2030
What is Emission Intensity: Emission intensity is the volume of emissions per unit of GDP. Reducing emission intensity means that less pollution is being created per unit of GDP.
What is India’s NDC?
As part of its Nationally Determined Contributions (NDCs) submitted under the Paris Agreement, India has taken three quantitative climate change goals:
- First is reduction in the emissions intensity of GDP by 33 to 35% by 2030 from 2005 level,
- Second is achieving about 40% cumulative electric power installed capacity from non-fossil fuel based energy resources by 2030 and
- Third is creating an additional carbon sink of 2.5 to 3 billion tonnes of carbon dioxide equivalent through additional forest and tree cover by 2030.
