Climate finance cannot continue at 2009 levels: India at Glasgow meeting
India said on Tuesday that climate finance cannot continue at the levels decided in 2009 and emphasised that it should be at least USD 1 trillion to meet the goals of addressing climate change.
Speaking at the Ministerial meeting of Like-Minded Developing Countries (LMDC) at the 26th international climate conference underway in Glasgow, Union Environment Minister Bhupender Yadav also called upon the LMDC countries to work closely to protect the interests of developing countries.
“Climate finance cannot continue at the levels decided in 2009. It should be at least USD 1 trillion to meet the goals of addressing climate change and there should be a system to monitor climate finance as we have for monitoring mitigation, Yadav said at the meeting.
