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India, Norway ink MoU on climate change, Kyoto Protocol works

Last Updated: Thursday, October 22, 2009 - 21:05

New Delhi: India and Norway on Thursday inked
an MoU on co-operation in the area of climate change and
implementation of the clean development mechanism (CDM)
projects of the Kyoto Protocol here.

Environment Minister Jairam Ramesh and Norwegian
Minister of the Environment and International Development,
Erik Solheim, signed the Memorandum of Understanding.
The agreement would strengthen the efforts to conserve
and improve the environment for present and future
generations, sustainable development and implementation of CDM
project activities.

Stating that the MoU would go a long way in tackling
climate change, Ramesh said it would foster co-operation
between the two countries by providing a forum for regular
bilateral consultations, by stimulating the development and
implementation of the projects under the CDM.

"It would also ensure that unlike many developed
countries, Norway would not oppose the CDM at the Copenhagen
meet on climate change in December," he added.

The Norwegian Minister said his government would
support India in the CDM area in its all capacity.

Under the agreement, the responsibility to ensure
progress in the implementation of the MoU through regular
bilateral consultations rests on the Indo-Norway Joint Working
Group on Environment.
The parties will also facilitate Indian and Norwegian
companies with information about domestic CDM regulations and
procedures, as well as information about market opportunities
in India.

Bureau Report

First Published: Thursday, October 22, 2009 - 21:05
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