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