Furious India rejects 'unfair' and 'stage-managed' climate finance deal
Millennium Post Delhi|Delhi 25 November 2024
COP29
Furious India rejects 'unfair' and 'stage-managed' climate finance deal

India on Sunday fiercely rejected the paltry USD 300 billion climate finance package for the Global South and said the COP29 presidency and the UN climate change office forced through the deal before allowing it to voice its objections.

Making a strong statement on behalf of India at the closing plenary of the UN climate conference here, Chandni Raina, Adviser, Department of Economic Affairs, termed the adoption process "unfair" and "stage-managed" and said it reflected the troubling lack of trust in the UN system.

The UN climate conference adopted a new climate finance package of a meagre USD 300 billion annually by 2035, replacing the USD 100 billion pledge made in 2009.

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