India: Need clear definition of 'climate finance' for trust
Friday, 8 December 2023 India criticizes rich nations for their failure to provide adequate climate finance, leading to a lack of trust and transparency. The definition of climate finance needs to be clarified to ensure clear pathways for subsequent action. Developing countries have pointed out how rich nations have not fulfilled their promise of mobilizing $100 billion per year for climate action. The lack of a clear definition has resulted in disagreements over the amount of finance provided. India emphasizes the need for increased resource flow and access to technology for developing countries to meet their commitments on climate change.
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Credit: Wibbitz Top Stories Duration: 01:28Published
The developing world is most affected by climate change but has contributed the least to the problem. Meanwhile, rich countries historically exacerbated the environmental crisis and grew wealthy as a..
Friday, 8 December 2023
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