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India to press rich countries to keep climate fund pledge

Reuters · Reuters · last updated

India will use next week’s U.N. climate conference to urge rich countries to keep their promise to give $100 billion a year in funding to help developing nations deal with climate change and switch to cleaner energy, two government sources said.

 

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Related Knowledge Center: Climate diplomacy: COP 27

State of Play

The 27th Conference of the Parties (COP 27) produced a groundbreaking agreement to create a “loss and damage” fund to help developing nations cope with the impact of climate change.

But the conference, held from Nov. 6 to Nov. 20, 2022, in Sharm el-Sheik, Egypt, fell short of a hoped-for agreement to speed reductions of greenhouse gas emissions.

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