November 12, 2024
2 mins read

COP29: India pushes for fair climate financing 

India aims to steer discussions on climate finance transparency, pressing developed nations to address financing gaps and fulfill existing climate commitments, according to a delegation member…reports Asian Lite News

India’s stance at the 29th Conference of Parties (COP29) revolves around accountability, equitable financing, and incremental goals aligned with its developmental status, delegates confirmed as the climate summit commenced in Baku, Azerbaijan, from November 11-22. India’s priorities at COP29 are expected to include holding developed countries accountable for climate financing, advancing green credit, promoting the LiFe (Lifestyle for Environment) initiative, and emphasizing a fair energy transition that considers the needs of vulnerable communities. 

India aims to steer discussions on climate finance transparency, pressing developed nations to address financing gaps and fulfill existing climate commitments, according to a delegation member. This focus underscores India’s strategy of balancing its climate obligations with its developmental goals. In contrast to previous summits, India will not set up a pavilion at COP29—a decision reflecting its commitment to sustainable growth while prioritizing energy needs. 

At the COP29 opening session, UN Climate Change Executive Secretary Simon Stiell emphasized the importance of global coordination and accountability in addressing the climate crisis. Stiell urged leaders to recognize COP as a crucial platform for climate action, highlighting that without the UN’s framework, humanity could face up to five degrees of warming, a scenario that would have devastating consequences. His message underscored the urgency for nations to work collaboratively within the UN climate agreements to prevent a climate catastrophe. 

The Indian delegation is led by Minister of State for Environment, Forest, and Climate Change, Kirti Vardhan Singh, with Secretary Leena Nandan as Deputy Leader of Delegation. Key officials Naresh Pal Gangwar and Neelesh Sah will serve as Lead and Deputy Lead Negotiators, respectively. Environment Minister Bhupendra Yadav will not attend the conference, marking a shift in India’s representation but maintaining strong leadership continuity. 

India’s COP29 approach illustrates a proactive stance within a collaborative framework, where accountability from developed nations and practical pathways for emerging economies remain central to the agenda. This focus aligns with India’s commitment to fostering sustainable growth, addressing global climate obligations, and securing equitable resources for climate resilience. 

ALSO READ: WTO nations quiz India’s curbs on rice, wheat

Previous Story

‘India’s approach aimed at building long-term partnerships’ 

Next Story

BJP Maha manifesto promises $1 tn economy plan 

Latest from -Top News

Palestine Seeks Record UK Compensation

Palestinian Authority President Mahmoud Abbas cites international law, seeking compensation for land and perceived injustices during British rule….reports Asian Lite News Britain faces a £2 trillion reparations claim from the Palestinian Authority

Khalistan Network Under Fire in Canada

Indian agencies regularly share intelligence with their Canadian counterparts, including on groups like Babbar Khalsa International, but the current focus is firmly on SFJ….reports Asian Lite News The arrest of Inderjeet Singh

India, France Hold Nuclear Talks

The meeting, held on Monday, reviewed progress in bilateral civil nuclear cooperation and explored avenues to deepen the strategic partnership…reports Asian Lite News India and France convened the second meeting of their

Trump to Meet Pak PM at UNGA

The US President has already engaged with Pakistan’s military leadership, having hosted Army Chief Asim Munir for a lunch meeting in June….reports Asian Lite News The White House announced on Monday that

EU’s Kallas Calls India ‘Reliable’ Partner

The EU said its closer partnership with India is increasingly becoming vital in the wake of the shifting geopolitical realities…reports Asian Lite News European Union’s top diplomat Kaja Kallas has reaffirmed that
Go toTop

Don't Miss

India-Russia ties look up ahead of Putin’s possible Delhi visit in July

Russia continues to back India as a permanent member in

India requests Saudi to increase Haj quota

PM Modi further said that his government also fulfilled the