India flags finance as Bonn talks end

DURING THE CLOSING PLENARY, INDIA SAID LACK OF PROGRESS ON ARTICLE 9.1 HAS EMERGED AS ONE OF THE FOREMOST CHALLENGES

- Jayashree Nandi

NEW DELHI: India has endorsed the views of Like-Minded Developing Countries, G77 and China groupings that adherence to Article 9.1 of the Paris Agreement, which mandates developed nations to provide financial assistance to developing countries, is critical as the world approaches the annual climate conference scheduled for November.

During the closing plenary at the Bonn Climate Meetings, which act as a midway point before COP, India said that lack of progress on Article 9.1 has emerged as one of the foremost challenges related to climate finance.

"Lack of any progress on Article 9.1 is one of the foremost challenges related to climate finance. This is a global priority. This is a priority for Global South. This is not possible without international cooperation and the developed countries meeting their obligation and ensuring the urgent implementation of Article 9.1," India's delegate at Bonn said.

India has also expressed concerns about unilateral trade measures.