India pushes for dialogue on climate finance, adaptation at Bonn climate talks
India has formally requested that UN climate talks in Bonn prioritize the climate finance gap and the obligations of developed nations to fund adaptation in developing countries. The intervention aligns India with the G-77 and China bloc to push for more substantive financial commitments.
Why it matters
The debate over climate finance is a central point of contention in international climate negotiations, determining how the global transition to green energy is funded and who bears the economic burden.
India has called for the shrinking pool of climate finance and a widening adaptation finance gap to be tackled head-on at the United Nations climate negotiations-linked talks under way in Bonn, Germany. It has urged that a Paris Agreement provision, which obliges developed countries to provide funds to developing nations, be given dedicated agenda space to enable substantive progress. The intervention came in India’s statement to the 64 th session of the UNFCCC Subsidiary Bodies (SB64), delivered by Harkeerat Randhawa of the Ministry of External Affairs (MEA). India associated itself with the positions taken on behalf of the Group of 77 and China (G-77), the Like-Minded Developing Countries (LMDC) and the BASIC bloc (Brazil, South Africa, India, China).
The article reports on diplomatic negotiations and the stated positions of various international blocs objectively.
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