India's new climate targets to reflect limited resources

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India's new climate targets to reflect limited resources - Economic Times

Quick Summary:

With many countries, including India, expected to miss the February 10 deadline, UN climate chief Simon Stiell on Thursday urged them to submit their plans by September at the latest.

This amount includes $803.9 million from the Green Climate Fund, $346.52 million from the Global Environment Facility (for climate change focal area), and $16.86 million from the Adaptation Fund, according to a written reply in the Rajya Sabha by Union Environment Minister Bhupender Yadav.

The government informed Parliament on Thursday that India has so far received $1.16 billion for climate projects through the financial mechanism of the United Nations Framework Convention on Climate Change (UNFCCC).