Hindustan Times ST (Mumbai) - Live
Climate finance tops India’s COP27 agenda
NEW DELHI: India will push for clarifications on climate finance, one of the contentious issues between developed and developing countries, as leaders and officials from 200 nations gather on Sunday for the UN Climate Conference (COP27) in Egypt, coming together after a year in which war and economic turmoil is feared to have weakened the climate agenda, even though the crisis continued to trigger devastation worldwide.
On the agenda for the November 6-18 summit in the resort town of Sharm El Sheikh will be discussions on implementation of various pledges on climate change mitigation and finance, most of which have not been put into action. It is also expected to discuss critical and highly debated issues like loss and damage and adaptation as part of the
continues to wreak havoc, amid global turmoil weakening climate agenda
formal agenda.
Officials in India have said they resist attempts to classify loans as climate finance. In 2009 at COP15, developed countries
pledged to $100bn dollars in climate financing for developing nations starting 2020.
Union environment minister