This study assesses the Five-Year Plans (FYPs) and relevant government policies adopted to garner India's climate change goals and priorities. It attempts to highlight key climate change concerns from a brief sector- specific analysis: examining it's impact on trade.
The paper broadly examines the core trade interests of the EU and India, the content of the negotiations and outlines some key concerns of a potential deal for India in the areas of goods, services and investments, intellectual property rights and government procurement.
The negotiations held at the United Nations Framework Convention on Climate Change reveals there is a wide gap between the developed and developing nations which has threatened the equity related components of the Convention. It has been felt that there is a need to follow the principle of common but differentiated responsibilities (CBDR) that will serve as the medium for bringing about equality.
India, the largest economy of South Asia, has recently announced its National Action Plan on Climate Change (NAPCC). This is of special significance given the mounting pressure on fast growing economies like India, China and Brazil from the developed countries for a commitment with legally binding obligations.
