16 May 2015; Minister of Foreign Affairs Ms Dunya Maumoon has said that the Joint Statement between China and India on Climate Change issued during Prime Minister Narendra Modi’s current visit to China is encouraging. Minister Dunya said that China and India could play catalytic role in concluding a global agreement on setting binding targets in reducing emissions, and the Joint Statement could hopefully be the beginning of forging new consensus.
“Coming ahead of crucial negotiations in the lead up to COP 21in Paris, the Joint Statement is sure to give the process a boost at a critical time in the development of a comprehensive climate treaty”.
“Our view is that a legally binding protocol under the convention that is applicable to all Parties, and in line with keeping global temperatures below 1.5 degrees Celsius, is the best way to achieve that objective” Minister Dunya said. Minister further added that “it will need to give balanced treatment to key areas, including mitigation, finance, capacity building, technology, adaptation, and loss and damage to manage impacts that can no longer be adapted to. Loss and damage is qualitatively different than adaptation and should be treated separately under the agreement”.
Minister Dunya also noted the extensive discussions held between the leaders of China and India on the need for accelerating the preparations for establishing the Asian Infrastructure Investment Bank (AIIB), which is closely linked to the 21st Century Maritime Silk Road. The Maldives is a founding member of the AIIB, and also joined the Maritime Silk Road initiative.