COP29: India pitches for ‘no strings attached’ climate finance, new draft text fails to address key concerns
Saturday, 16 November 2024 At COP29, India has urged developed nations to commit at least $1.3 trillion annually until 2030 in climate finance, emphasizing the need for grants and concessional funding without restrictive conditions. India linked this financial support to developing countries' ability to enhance their climate action targets, highlighting the inadequacy of the previously pledged $100 billion.
A new climate finance deal is agreed at the COP29 conference in Baku, Azerbaijan, following an exhaustive two weeks of negotiations. The deal commits developed nations to pay at least $300 billion a..