India and the United States should expand trust to climate risks: Niti Aayog Vice Chairman

Suman Bery, vice chairman of Niti Aayog. File | Image source: PIB

India and the United States should consider integrating “climate risks” and related technologies into the trust framework recently signed by Prime Minister Narendra Modi and U.S. President Donald Trump and Vice Chairman Suman Bery, Niti Aayog said at a meeting on Wednesday.

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During Mr. Modi’s visit to the United States in February, the new name for the Key and Emerging Technologies (ICET) program during the Biden administration. It involves government collaboration with government, academia and the private sector to promote the application of key and emerging technologies in the fields of defense, artificial intelligence, semiconductors, quantum, biotechnology, energy and space.

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“All the focus of the initiative [such as TRUST] Always in artificial intelligence and quantum computing. I suggest [the U.S. and India] Cooperation can be carried out in such a field [climate] Because they are non-traditional forms of security and are integrated into government-to-government programs when appropriate.

“One of the challenges of climate change is that not everything is predictable. You may have places where extreme heat is suddenly siege by floods. Adapting to this situation will require flexibility; it will not easily become an Indian bureaucracy,” Mr Bery added, “This will require greater empowerment to collectors and people in the ground area.”

India’s first ever National Adaptation Program (NAP) is expected to be a roadmap for addressing extreme climate challenges^Th The meeting of parties or annual climate meetings held in Brazil in November this year. The deliberation of the seminar may result in a nap. Earlier this week, the same national stakeholder workshop was held here.

Adaptation is a major factor in developing countries’ preparation for climate change, namely, mitigation of climate change — or reducing greenhouse gases from fossil fuels — has historically been a larger focus of the international climate summit. Environment Minister Kirti Vardhan Singh said at a meeting on Monday that climate finance is crucial to supporting adaptation plans. He added at the meeting that climate finance is crucial to supporting adaptation programs. He stressed that financial resources must be greatly expanded to meet the needs of vulnerable communities and ensure effective adaptation measures. This will require innovative financing mechanisms including hybrid financing (public and private partnerships), risk sharing frameworks, and greater private sector participation to complement public finance to drive adaptive efforts.