India Thursday said developed countries must commit to providing at least USD 1.3 trillion each year until 2030 to developing nations and that the new climate finance package, being negotiated at the UN climate conference in Azerbaijan, cannot become an 'investment goal'.
Speaking on behalf of Like-Minded Developing Countries (LMDC) at the sixth High-Level Dialogue on Climate Finance at the UN climate conference in Baku, Azerbaijan, India emphasized that this support for developing countries to cope with the warming world should come through grants, concessional financing, and non-debt incurring aid.
It said the new climate finance package or the New Collective Quantified Goal (NCQG) -- the top priority for this year's UN climate summit -- should align with the evolving priorities of developing countries and be free from restrictive conditions that could hinder their growth.
This story is from the November 15, 2024 edition of The Daily Guardian.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 15, 2024 edition of The Daily Guardian.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
GRITTY RAHUL, JADEJA HELP INDIA AVOID FOLLOW-ON AT GABBA
The fate of the Brisbane Test continues to twist and turn as Ravindra Jadeja continues to lead India's resistance to avoid a follow-on against Australia on Day 4 of the third Test against Australia on Tuesday.
India to host World Boxing Cup Final and World Boxing Congress 2025
The Boxing Federation of India (BFI) on Tuesday announced that India has been awarded the hosting rights for the prestigious World Boxing Cup Final 2025 and the World Boxing Congress 2025, scheduled to take place in November 2025.
Women's T20: WI opt to bowl; Kaur sits out due to niggle
West Indies captain Hayley Matthews won the toss and opted to bowl in the second women's T20I against India here on Tuesday.
Stokes won't scale back workload despite injuries
England Test captain Ben Stokes isn't looking to 'hold back' by scaling his workload amid the recurrence of his hamstring injury during the third Test against New Zealand.
Rahul ahead of Virat, Rohit in SENA countries since 2020
KL Rahul has outshined Indian stalwarts Rohit Sharma and Virat Kohli by possessing the highest Test average in SENA (South Africa, England, New Zealand and Australia) countries since 2020.
World Test Championship: Both New Zealand and England out of contention
The ICC World Test Championship (WTC) 2023-25 is reaching its business end, with a three-match Test series between New Zealand and England, finally concluding on Tuesday with both teams out of contention for the title clash at Lord's next year.
Root ends Test series on record-breaking note
Records flattened one after another after New Zealand gave a perfect send-off to its stalwart Tim Southee in the third Test against England on Tuesday.
Our commitment is to empower students to design sustainable & evolving habitats: Dr. Prof. Achari
Interview Dr. Prof. Anand Achari, Principal, VES College of Architecture.
HOW INDIA CAN TACKLE STUDENT BRAIN DRAIN BY FOCUSSING ON K-12 EDUCATION
As per the recent data, 1.33 million Indian students travelled overseas for higher education in 2024, highlighting a marginal increase from 1.32 million in 2023.
15-Minute RECIPES FOR QUICK MEALS
In today's fast-paced world, cooking quick yet delicious meals is a lifesaver.
