India rejected the $300 billion climate finance package designed to help developing countries during the 29th Conference of Parties (COP29) in Baku, the capital of Azerbaijan. India described this amount as much less than the needs of developing countries. Chandni Raina, on behalf of the Indian delegation, said, “We are very disappointed with this, it clearly shows that developed countries are not willing to fulfill their responsibilities. We are sorry to say that this document is just an illusion.” On Sunday, at COP29, an agreement was reached to give $300 billion every year to developing countries till 2035. Its purpose is to encourage developing countries to reduce fossil fuels, prepare them to deal with climate change and help overcome the damage caused by it. This document is just an illusion Chandni Raina said in the closing session of the meeting that “In our opinion, this package will not be able to deal with the big challenge facing all of us. We oppose its adoption. A package of 300 billion dollars cannot meet the needs of developing countries.” She said – Developing countries are being affected the most by climate change, but they are being pressured to slow down their development and reduce carbon emissions. Developing countries are also facing a unilateral carbon border adjustment mechanism created by developed countries. Nigeria, Malawi and Bolivia support India Nigeria, Malawi and Bolivia also supported India on this issue. Nigeria called it a joke. Developing countries have been demanding 1.3 trillion dollars every year for the last three meetings. In the year 2009, a target of 100 billion dollars was set to help backward countries, which has now been increased to 300 billion dollars. A 19-member delegation from India attended the United Nations Framework Convention on Climate Change conference known as the Conference of Parties (COP). During the COP meeting, all countries review the Paris Agreement and Convention and assess international efforts to limit global warming to 1.5 degrees Celsius. This time the 29th International Conference on Climate Change (COP29) was held in Baku, the capital of Azerbaijan. A 19-member delegation from India attended this event. It was led by Union Minister of State for Environment and Forests Kirti Vardhan Singh. —————————————— Also read this news related to the Russia-Ukraine war… Russia freed 40% land from Ukraine’s occupation: Ukraine had occupied 1376 square km of Kursk land, attacked in August Ukraine had made sudden attacks in the Kursk region of Russia in August. During this time Ukraine had occupied a large area of Kursk. However, now Russia has taken back 40% of the land occupied by Ukraine. This information was given by an officer of the General Staff of Ukraine. Read the full news here…
