After pushing for financing adaptation at the just-concluded United Nations climate talks at Durban, India is hitting every button for aid in executing its low-carbon growth plans. This despite India (and China) refusing to sign new climate agreements at the U.N. Framework Convention for Climate Change (UNFCCC)’s 17th conference of the parties (COP 17) in the South African city. India, in fact, has a well-drawn out policy and action plan for climate...
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India and China to eventually come under emission curbs
-The Telegraph The world’s nations negotiating for years on strategies to combat climate change have agreed for the first time to work towards a new pact that would force all big polluters, including emerging economies such as India and China, to curb their greenhouse gas emission. A UN climate change conference in Durban concluded this morning after negotiators from more than 190 countries agreed to consider a new document that would carry...
More »The Challenge of Inequality by Anil Padmanabhan
What is common between Brazil, Russia, India and China? That’s easy. They are the so-called BRIC countries. But, what is common between these BRIC countries and other emerging economies such as Indonesia, Argentina and South Africa? The answer: inequality. This disconcerting connect between these emerging economies is the focus of a report released last week by the Organization for Economic Cooperation and Development (OECD), the think tank for the club of...
More »Durban climate talks end, new global climate change regime from 2020 by Nitin Sethi
The Durban climate talks finally ended more than 36 hours after the scheduled closure on Sunday early morning. The world agreed to a new global climate change regime that will come in to force starting 2020. India took over centre-stage as a force to reckon with, regained its position as the leader and moral voice of the developing world as the EU and the US were forced to address its...
More »FDI in retail—UPA ‘retired hurt’ by P Sainath
Here's the wonderful thing about the FDI-in-retail debate: never have struggling Indian farmers found so many champions. They've been crawling out of the woodwork. Foreign direct investment in retail may be on hold, but Hillary Clinton can stop worrying about Anand Sharma and Pranab Mukherjee. “How does (Commerce Minister) Sharma view India's current Foreign Direct Investment guidelines? Which sectors does he plan to open further? Why is he reluctant to open multi-brand...
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