COP29 meet: Cannot accept attempts to shift focus from finance, says India

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COP29 meet: Cannot accept attempts to shift focus from finance, says India - Business Standard

Quick Summary:

In response to the draft text on the new climate finance goal released early Thursday, India's Environment and Climate Secretary Leena Nandan said the shift in focus at a time when it is crucial to ensure full support for mitigation actions through adequate finance is disappointing.

India said on Thursday that it will not accept any effort by developed countries to shift the focus away from climate finance for developing countries and place it on emissions reductions in the Global South.

It also said that without adequate support in terms of finance, technology, and capacity building, the fight against climate change would be severely impacted.