Draft Paris pact stresses ‘voluntary contributions’

India says it’s ready for a regime of stocktaking of future carbon emissions.

1. In a clear signal that active diplomacy is at work to forge an agreement in Paris based on voluntary pledges, one that is subject to transparent monitoring.
2. India is not in a position to fix a target year for peaking of carbon emissions because of the current state of its development.
3. In summary, the review favoured a 1.5 degrees rise over a 2 degree rise that would greatly affect vulnerable nations, said Climate Action Network International.