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As you may remember, we weren’t overjoyed at the results last session , which settled on a profoundly underwhelming short term measure to address the sector’s greenhouse gas (GHG) emissions in addition to a diluted “ban” on heavy fuel oil (HFO) use in the Arctic that will only take effect in 2029. C warming scenario.
At COP28 , on 9 December, India’s environment and climate change minister Bhupender Yadav affirmed the country’s “trust and confidence” in the ParisAgreement , whilst highlighting the country’s achievements in emissions reduction. billion tonnes by 2029-2030. million tonnes, rising to 1.025 billion tonnes by 2031-2032.
For example, Section 60103 of the IRA , which establishes the Greenhouse Gas Reduction Fund (GGRF) , specifies that $15 billion of the $27 billion allocated to the GGRF should be used for the purposes of providing financial assistance and technical assistance in low-income and disadvantaged communities. Paris targets.
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