This paper in Part I examines the genesis of Climate Change which has been referred to as the defining human development issue of our generation. In Part II of the paper, major international developments related to Climate Change including the UN Framework Convention on Climate Change(UNFCCC ), 1992 and Kyoto Protocol are described along with significant meetings like those at Bali and Bangkok and outcomes at these international exchanges. In Part III, while comparing perspectives of developed and developing countries on Climate Change, a detailed examination is made of the issues involved and India’ s view point, especially the arguments for India to take up GHG abatement and India’s response to each of these at the international forums.