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A group of governments and civil society organisations believe so and are pushing the idea of a fossil fuel non-proliferation treaty (FF-NPT).
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Details |
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About |
Conceptualized in 2016 and launched in 2019, the FF-NPT proposes making it legally binding for nations to end fossil fuel extraction, phase out existing production, and ensure a just transition to renewable energy. |
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Objective |
Inspired by international treaties regulating nuclear weapons, the initiative aims to address the climate crisis by curbing fossil fuel production and ensuring equitable global energy access. |
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Origins and Evolution |
Conceived around the time of the Paris Agreement, FF-NPT has received endorsements from figures like former UN Secretary-General Ban Ki-Moon, indigenous communities, and small island states. |
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Recent Developments |
At COP29 in Baku, 10 more countries joined FF-NPT discussions (identities undisclosed). |
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Financial Institutions' Support |
The initiative has received backing from 25 members of the Global Alliance for Banking on Values, marking its first major support from the financial sector. |
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Significance |
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The proponents of FF-NPT argue that the Paris Agreement fails to directly address fossil fuel production. |
The proposed treaty will support the work of the Paris Agreement by contributing to the implementation of key climate targets. |
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Tzeporah Berman, chair of FF-NPT, highlighted that fossil fuel emissions in 2024 are projected to be 8% higher than in 2015. |
It will aid in the realization of the New Collective Quantified Goal (NCQG), establishing a new financial target for developing countries. |
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2024 is likely to be the hottest year on record, with fossil fuel production incompatible with limiting global warming to 1.5°C. |
It will complement Nationally Determined Contributions (NDCs) and Just Transition Work Programmes for a sustainable global transition. |
Policy incoherence: In regions like ASEAN, policy incoherence can lead to inefficiencies and contradictions that undermine the transition to a sustainable energy future.
Fossil fuel dependence: Countries like India and Indonesia heavily depend on fossil fuels, and balancing development needs with climate commitments is complex.
Financial barriers: Developing countries need substantial climate finance to phase out fossil fuels and adapt to climate impacts.
Scope: The treaty's scope must be defined, including which activities and fossil fuels are included and excluded. A broad scope could cover all fossil fuels, while a narrow scope could be more limited.
India’s participation in FF-NPT is vital due to its reliance on fossil fuels. A just transition framework would enable India to balance energy needs with renewable energy adoption, offering financial and technical support to achieve a sustainable future. This aligns with principles of justice and equity, facilitating a fair and inclusive transition.
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PRACTICE QUESTION Q.Evaluate India's potential role in advancing the Fossil Fuel Non-Proliferation Treaty (FF-NPT). Discuss the challenges and opportunities for India in balancing its developmental priorities with global climate commitments. (150 words) |
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