A green development paradigm has been our global endeavour
climate change, discussions around sustainable development have become the global chorus of our times. However, within these discourses, a critical reality is often glossed over: the disproportionate responsibility of global emissions. A keen examination reveals that the nations of the Global South, like India, often portrayed as burgeoning emitters, are not the principal contributors to the crisis we face.
In fact, developed nations, housing a mere 16% of the world’s populace, have been responsible for a staggering 77% of all emissions since 1850, with this inequality even starker in per capita terms. Specifically, India has per capita emissions significantly lower than the global average. India’s carbon dioxide emissions per capita are a third of the global average of 4.8 metric tonnes.
This contrast underscores the need for a more equitable approach to addressing climate change, one that acknowledges the historical carbon space occupied by developed nations and the needs of developing economies such as India and others in the Global South. Green development seeks to balance developmental needs and climate ambitions, especially in the Global South. The green transition presents a compelling opportunity.
Our endeavour has been to build a strong political and economic case for sustainable and green transformations at all levels. Investments in human capital, natural capital and technology are crucial for this green transition, especially in the Global South. The potential for economic growth and job creation from these investments is immense.
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