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Rio+20 Summit

Rio+20 Summit
The objective of the Rio+20 Conference was to secure renewed political commitment for sustainable development , review progress and remaining implementation gaps and assess new and emerging challenges, since the UN Conference on Environment  & Development held in Rio de Janerio in 1992 and the World Summit on Sustainable Development in Johannesburg in 2002. Towards this end, the Conference has two themes viz. (a) Green Economy in the context of Sustainable Development & Poverty Eradication (GESDPE); and (b) Institutional Framework for Sustainable Development (IFSD).
Achievements of Rio +20
The centrality of the Principle of common but differentiated responsibilities (CBDR) has been reaffirmed. SO has been the importance of the principles of Equity and CBDR in the context of climate change negotiations. Poverty eradication, which is the central concern to developing countries, has been placed at the center of the global development agenda. The outcome document is notable for having launched two important mechanisms, one on finance and the other on technology transfer. India played a key role in conceptualizing and negotiating the formulation in the document on these two mechanisms, which are of crucial importance for developing countries. The launch of the processes to develop SDGs and to define the format and organizational aspects of the proposed high level political forum to follow up on the implementation of sustainable development are the important contributions of this conference.

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