PM to host meeting of International Solar Alliance at CoP-21 Summit

Prime Minister Narendra Modi will jointly host a meeting of International Solar Alliance with Prime Minister of France, François Hollande, on the sidelines of the annual Conference of Parties (COP)-21 summit on environment and climate change at Paris, tomorrow.

The prime minister will also attend 'Mission Innovation' hosted by the President of the United States.

"Leaving for Paris, where I will join CoP-21. In the Summit, we will deliberate on crucial issues relating to environment and climate change. ''President François Hollande and I will jointly host a meeting of International Solar Alliance. Will also attend 'Mission Innovation' hosted by President of United States", the prime minister tweeted

At the CoP-21, Modi will inaugurate India Pavilion, showcasing India's harmony with nature, environment and commitment to mitigate climate change.

During the recent Lima World Bank/IMF meetings, India had raised the issue on a roadmap for $100 billion in climate change financing a year by 2020 and had sought more credible, accurate, and verifiable numbers on the true size of the mobilisation of climate change finance commitments and flows from developed to developing countries, Shaktikanta Das, secretary, Department of Economic Affairs, said.

The finance ministry in its 'foreword' to the discussion paper entitled ''Climate Change Finance, Analysis of a Recent OECD Report: Some Credible Facts Needed,'' prepared by the Climate Change Finance Unit, Department of Economic Affairs, had also raised questions on the correctness of the recent OECD report - which claimed that significant progress had already been made.

Finance ministry experts have mentioned that the OECD report appears to have overstated progress. The discussion paper suggests that much more work has to be done,  Das said, adding further that the OECD report needs to establish more credible, accurate, and verifiable numbers on the true size of the mobilization of climate change finance commitments and flows from developed to developing countries.