Chidambaram focus on climate change

Statesman News Service UNITED NATIONS, Sept. 25: The Union finance minister, Mr P Chidambaram said today that India is an energy deficient country. India is obliged to explore every option to produce or procure energy but at the same time it is profoundly concerned about environmental degradation and climate change. He was addressing a high-level session today on leadership challenge of climate change. He told the world leaders that developing countries bear an inordinate share of the burden of climate change, though this is due to the high-level of emissions of developed countries. "Developing countries are obliged to significantly augment their capacity to cope with and adapt to climate change." Mr Chidambaram said: "Adaptation is the key for developing countries and that it needs to be adequately resourced without diverting funds meant for development and it is the best form of adaptation." Adaptation has been integral to India's development process and it has challenged by climate variability. India spend two per cent of GDP every year in development measures with strong adaptation content such as cyclone warning and protection, coastal protection, flood control, drought relief, and food security. He told that the Government of India adopted a National Environment Policy in 2006................. full news at: http://www.thestatesman.net/page.news.php?clid=12&theme=&usrsess=1&id=171509