Millennium Post

Adequate climate finance an overriding concern: India

India has asked the developed countries to provide finance and technology transfer support to developing nations to tackle the threat of climate change, noting that access to adequate climate finance remains an “overriding concern”.

Environment Minister Anil Madhav Dave said despite India’s “serious” resource constraints, it is taking ambitious adaptation and mitigation actions by increasing energy efficiency and making greater use of renewables, under the leadership of PM Narendra Modi. He said small changes in our everyday lives, by moderating lifestyles and encouraging sustainable consumption and production patterns would contribute in a “big way”.

“Access to adequate and predictable climate finance, especially from funds under the Convention, in both pre-2020 and post-2020 period remains an overriding concern for developing countries. It is absolutely critical and necessary that equal focus is given to Pre-2020 actions by developed countries under Kyoto Protocol and that they provide effective finance, technology transfer and capacity building support to developing countries,” Dave said.

He was giving the country statement at the high-level segment in the ongoing crucial climate change conference on Wednesday. Dave said India expected that the direction set by the Paris Agreement would be followed at COP-22 and all decisions would respect the spirit of common but differentiated responsibility and respective capability set in the agreement. 
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