Bring down per capita emissions, India to West

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Oz urged for climate change agreementBring down per capita emissions, India to West'Impacts of climate change would be serious'India calls for assistance to combat climate chang...

New Delhi, February 7:: knowledge net. Key knowledge institutions would be identified as centres of excellence on climate change research. "We are also considering setting up of a venture capital fund to promote green technologies," he said.

He said India was concerned about poverty eradication and reducing global disparities in income and wealth. "We cannot continue with a global model in which some countries continue to maintain high carbon emissions, while the development options available for developing countries get constrained," he said.

The Norwegian Prime Minister, Jens Stoltenberg, who is leading a large business delegation to India, said that his country had developed a technology by which carbon dioxide from a gas field of the Norwegian coast was captured, reinjected into the ground and stored in a geological formation 1000 metres below the seabed and no leakages have occurred so far. He suggested application of this technology to coal-fired power plants in India.

He said that Norway had developed some of the most environment friendly technologies in the world and now Norwegian companies were developing them in cooperation with Indian partners.

"The Clean Development Mechanism is an instrument for transfer of technology and has the potential of providing billions of tonne of emission reductions in developing countries. Norway welcomes the opportunities offered by India as an important supplier of CDM projects," he said.