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India calls on rich countries to meet annual pledge of $100 billion ahead of COP27 IV News

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These nations have so far failed to make equal contributions despite repeated appeals from the United Nations and the Organization for Economic Co-operation and Development. This has led to reluctance in developing countries such as India to accelerate the reduction of their carbon emissions.

Union Minister of Environment, Forest and Climate Change Bhupendra Yadav will attend COP27.

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“India remains committed to both domestic action and multilateral cooperation on climate change, and will continue to fight all global environmental concerns in a call to protect the planet of humanity. But Global Warming also warns that equity and international cooperation, leaving no one behind, hold the keys to success, where the luckiest should lead, “providing support and collaboration to meet COP 27 goals.” Read India’s statement.

Additionally, India said it expects “substantial progress” after the summit and sought “clarity on climate finance” and its distribution among developed and developing countries. “There is a need for greater clarity on the definition of climate finance for developing countries in order to accurately assess the extent of finance flows to climate action,” the statement said.

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