India on Thursday expressed disappointment with the “weak” political will of developed countries to provide developing nations with enhanced means to implement objectives of Green Economy, which it said will also be a “green-wash” if the process is not democratised.
As around 100 world leaders, including Prime Minister Manmohan Singh, gathered here for the Rio+20 Summit, India also firmly rejected unilateral measures and trade barriers under the guise of Green Economy, which was the buzz ahead of the deliberations here.
It, however, recognised Green Economy as one of the means to sustainable development and poverty eradication.
“Green Economy has to be bottoms up and democratised. Otherwise it will be no more than green-wash. Cost of green development cannot be unaffordable for the poor,” environment minister Jayanti Natarajan said.
In a success for India at the Rio summit, also called the UN Conference on Sustainable Development, world leaders agreed to set up two important mechanisms one for technology transfer and another for finance.
Both were Indian proposals, which received strong support from G77 countries, including from Africa, LDCs and small island states.
“We are now keen to collectively ensure that these mechanisms are operationalised and deliver effectively for developing countries,” Ms Natarajan said and welcomed the speedy conclusion of the Rio+20 outcome document which took into consideration India’s interests and concerns.