Our Glasgow green targets are contingent on financing from developed countries: India

All the 2030 climate targets announced by India earlier this week in Glasgow, in the address by Prime Minister Narendra Modi, are contingent on receiving adequate and enabling finance from developed countries, the top official in Environment Ministry told The Indian Express.

“The Prime Minister had mentioned the failure of the developed countries to fulfil their financial commitments under the Paris Agreement and had demanded that they make available US$ 1 trillion at the earliest. Our targets for 2030, which Prime Minister Narendra Modi announced during his speech in Glasgow, are all contingent on the availability of this money. This will be reflected in the updated NDC (Nationally Determined Contributions) that will be submitted soon,” Environment Secretary R P Gupta said in an interview.