India joins Brazil-led forest fund as observer, urges stronger ambition

India said COP30 is an opportunity to reflect on the global response to the challenge of global warming and to celebrate the legacy of the Rio Summit, where the principles of equity and common but differentiated responsibilities and respective capabilities were adopted

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India has said global climate ambition remains inadequate even a decade after the Paris Agreement, as it joined Brazil’s new global fund for tropical forests as an observer and called for developed nations to accelerate emission cuts and deliver promised climate finance.

Delivering India’s statement at the Leaders’ Summit of COP30 in Brazil’s Belem Friday, Indian Ambassador to Brazil Dinesh Bhatia reaffirmed the country’s commitment to multilateralism and the Paris Agreement, which marks its 10th anniversary this year.

“India welcomes and supports Brazil’s initiative in establishing the Tropical Forests Forever Facility (TFFF), representing a significant step towards collective and sustained global action for the preservation of tropical forests. India is pleased to join the Facility as an observer,” Bhatia said.