-PTI India has become "less equal over time" and earningsinequality in the country has increased significantly since the early 1990s, Paris-based think tank OECD said today. The observations are a part of OECD's report focusing on inequality patterns and related policy challenges in the emerging economies of India, China, Argentina, Brazil, Indonesia, Russia and South Africa The Organisation for Economic Cooperation and Development (OECD) is a 34-member grouping of mostly advanced nations, that...
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‘Open mind’ on climate by Jayanta Basu
Environment minister Jayanthi Natarajan said she had come with an “open mind” as India showed signs of flexibility on accepting legally binding emission curbs, but wanted more assurances from developed countries before making further commitments. The comments, at the UN climate change summit in this South African city, came days after China for the first time indicated its willingness to accept legally binding cuts after 2020. The hint of a flexible stand...
More »UN says pact unlikely as BASIC group rejects cuts by Alessandro Vitelli & Kim Chipman
China, India, Brazil say a pact must recognize the historical responsibility of nations that caused the problem to act first United Nations (UN) secretary general Ban Ki-moon said a global warming treaty may be beyond our reach this week as India and China rejected pressure for developing nations to adopt mandatory pollution targets. “We must be realistic about the opportunity of a breakthrough in Durban,” Ban said at UN climate talks...
More »Natarajan pushes for India's right to grow at Durban meet
-The Business Standard Union Environment Minister Jayanthi Natarajan on Tuesday made it clear at the global climate change meet at Durban, South Africa, that India would not compromise on the principles of equity and historical responsibility in addressing the issue of climate change. India and China are being targeted for their high carbon emission. Talking on the sidelines of the meet, the minister said, “Equity is central to any debate on climate...
More »Durban talks unlikely to result in climate change deal by Fiona Harvey and John Vidal
With only three more days of negotiations to go, UN chief Ban Ki-moon says agreement may be 'beyond our reach – for now' A global legally binding deal on climate change is likely to be off the table, at least "for now", the United Nations secretary-general has said in his most downbeat assessment of the talks. Assessing the nine days of negotiations at Durban so far, Ban Ki-moon told delegates: "It may...
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