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COP29: INDIA CRITIQUES DEVELOPED NATIONS ON CLIMATE FINANCE
The Business Guardian
|November 18, 2024
India voices concerns over developed nations' stance at COP29, stressing equity and climate finance for effective global action.
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At the ongoing COP29 climate conference in Azerbaijan, India expressed dissatisfaction on the insistence of developed countries to expand the scope of the Mitigation Ambition and Implementation Work Programme (MWP) from what was agreed upon in the past.
On Saturday, India delivered a statement in the closing plenary of the Subsidiary Bodies on the 'Agenda on Sharm el-Sheikh Mitigation Ambition and Implementation Work Programme (MWP)', at the COP29, being held in Baku, Azerbaijan.
India made its statement reacting to the interventions by developed countries, asking for including mitigation paras from Global Stocktake at COP28 into the MWP.
India has aligned its stance with the views expressed by the Like-Minded Developing Countries (LMDCs), the Arab Group and the African Group of Negotiators (AGN).
India expressed serious concern about the progress the COP29 made during the week.
This story is from the November 18, 2024 edition of The Business Guardian.
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