Ahead of the crucial climate summit in Paris, India on Friday said developed nations are “historically responsible” for global warming and must do ‘justice’ to the developing countries by delivering on the Green Climate Fund (GCF) promised by them to deal with climate change.
“Green Climate Fund is only talked about (and) not materialised. (The) <g data-gr-id="20">Developed</g> world has committed itself $100 billion per year by 2020. It has to be paid by the developed world to developing nations,” Environment Minister Prakash Javadekar said.
Javadekar said French President Francois Hollande, who will be hosting the Climate Summit in Paris, has indicated that unless there is credible action from the developed nations with regard to implementation of GCF, the Paris talks may fail.
“Therefore, we are saying that unless there is credible action ... and even French Francois Hollande (the host of Paris summit) has said if there is no clear progress on Finance, Paris (talks) may fail. ... He has warned,” Javadekar said.