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The Outcome of BASIC Ministerial Meeting

Introduction: - 27th BASIC ministerial meeting on climate change
The BASIC countries comprise Brazil, South Africa, India and China. The meeting on climate change concluded in New Delhi. 

Chairing the meeting – by, Union Minister for Environment, Forest and Climate change. Elaborated on India’s initiatives to address the challenge of climate change.
What was the agenda of the BASIC?
The BASIC ministers emphasized their deep concern for climate change and reaffirmed their commitment to the successful implementation of the United Nations Framework Convention on Climate Change (UNFCCC), Kyoto Protocol and its Paris Agreement, and to promote a global green and low carbon transition and ecological civilization with a view to building a community with a shared future for mankind.

Reiterated - The Paris Agreement 
They reiterated that the Paris Agreement is a significant step advancing global action against climate change, based on the recognition of the needs and special circumstances of developing countries in accordance with the principle of Equity and Common but Differentiated Responsibilities and Respective Capabilities (CBDR-RC), in the light of different national circumstances.
Emphasized 0n The Global Climate Action 
They emphasized that global climate action should promote climate justice and a just transition by recognizing the fundamental equality of all people in accessing economic growth and sustainable development.

What was the guidance to the parties?
The Ministers underlined that the current work on guidance in relation to mitigation components of NDCs should assist parties with the preparation and communication of their NDCs, respecting the nationally determined nature of parties’ contributions and should not impose the responsibility and requirements on developing countries.
Adaption -is the Key
Ministers reaffirmed that adaption is a key imperative for developing countries and required an urgent global response.  They emphasized that the Paris Agreement Work Programme should provide guidance on both ex-ante and ex-post adaption information in adaption communications and biennial transparency reports respectively with the aim of providing clarity on the progress towards achieving the global goal on adaption.

Ministers emphasized the importance of the provision of enhanced as well as predictable support for adaption from developed countries to developing countries, recognizing the adaption efforts of developing country parties.

Ambitious plan
Minister reiterated that public finance is the fulcrum of enhanced climate ambition by developing countries and urged developed countries to fulfil their climate finance commitments of mobilizing USD 100 billion per annum by 2020. They encouraged developed countries to progressively and substantially scale up their financial support and finalize a new collective finance goal to inform parties for future action through NDCs.
Ministers welcomed the launch of the 1st formal replenishment process of the Green Climate Fund (GFC) and called on developed countries to scale up resources pledged to the GCF for mitigation and adaption actions in developing countries.

Enhanced in technology
Enhanced in technology framework with effectiveness and predictability of technology support under the technology mechanism. There is a need for a clear linkage between the technology mechanism and the financial mechanism.

Other than that financial and other support should be provided to developing countries to fulfil the obligations under the enhanced transparency framework. In this regard, the ministers strongly supported the extension of the mandate of the consultative group of experts (CGE) so that it can continue its support for developing countries in implementing transparency-related provisions and enhancing their relevant capacities under the convention and Paris Agreement.

Global Stocktake (GST)
GST refers to the proposed five-yearly review of the impact of climate change actions undertaken by countries. Under the Paris Agreement, each country has to present a climate action plan every five years. Under the Paris Agreement, the first global stocktake will happen in 2023. It will help the world determine whether it needs to do more and how much more. India is demanded for 10 year period for GST, while EU and some other demanded five-year cycle. India argues that five years is too short a time to assess whether the actions are having the desired impacts.
What is BASIC?
BASIC countries are bloc (geopolitical alliance) four large newly industrialized countries. It was formed by agreement in November 2009. They were committed to acting jointly at Copenhagen climate summit 2009, including possible united walk-out if their common minimum position was not met by developed nations during climate talks. It is working to define a common position on emission reductions and climate aid money and try to convince other countries to sign up to the Copenhagen Accord.