Deliver adequate finance to meet Global South goal: PM

Calling on rich nations to take the lead in the battle against climate crisis, Prime Minister Narendra Modi on Friday said India expects the 28th UN Conference of Parties to effectively address issues of climate finance, even as he highlighted four critical action points to help the Global South transition to low-carbon economies.

- jayashree Nandi

Addressing a session on Transforming Climate Finance at the summit currently underway in Dubai, the PM said that countries in the Global South expect support from developed nations in dealing with the crisis.

“They (countries in the Global South) do not have adequate resources to act on climate change. To meet the climate ambition of global south, climate finance and technology are indispensable,” PM Modi said. “Climate finance should be available, accessible and affordable.”