Developed nations collectively mobilised $115.9bn in climate finance for developing countries in 2022, the first time thee $100bn collective annual goal has been met
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PM Narendra Modi urged wealthy nations to achieve carbon neutrality before 2050 and demanded concrete outcomes on global climate finance goals for post-2025 at COP28. He highlighted the unmet commitments, urging immediate replenishment of funds like the Green Climate Fund and the Adaptation Fund. Stressing the Global South s minimal contribution to climate issues, Modi called for affordable finance and technology support from developed countries to address the widening adaptation finance gap outlined in the UN s Adaptation Gap Report 2023.
Did the G20 deliver ambitious climate & energy outcomes? downtoearth.org.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from downtoearth.org.in Daily Mail and Mail on Sunday newspapers.