Baku (Azerbaijan): This time, India has not allowed any country to dominate the ongoing United Nations Climate Conference in Baku, the capital of Azerbaijan. India on Sunday rejected a climate finance package aimed at providing just US$300 billion annually to the ‘Global South’ by 2035. India called it “very rare and very remote”. India said the US$ 300 billion financial assistance figure for the Global South is far less than the US$ 1.3 trillion that ‘Global South’ countries have been seeking for the past three years to tackle climate change. This opposition of India has increased the respect of Prime Minister Narendra Modi in the Global South.
Let us tell you that India is now recognized in the world as the voice of the Global South. So India has not allowed injustice to the Global South. When only India showed the courage to openly oppose this decision, the whole world was stunned by its courage. The ‘Global South’ refers to the weaker or developing countries of the world. Adviser to the Department of Economic Affairs Chandni Raina, in a statement on behalf of India, said she was not allowed to present her views before the agreement was adopted, which has undermined her confidence in the process. He said, “This is a repetition of many incidents such as not following inclusiveness, not respecting the stance of countries.
What did India say?
We informed the Speaker, we informed the Secretariat that we wanted to make a statement before taking any decision, but everyone saw how it was all pre-planned. We are very disappointed.”Raina said, “This target is too small and too far.” “Estimates show that we will need at least US$1.3 trillion by 2030,” Raina said. “US$ 300 billion is not in line with the needs and priorities of developing countries,” he said. “This is not consistent with CBDR (common but differentiated responsibility) and the principle of equity.”
Applause started for India
Meanwhile, the Indian negotiator received strong support from a room full of diplomats, civil society members and journalists. Applause started for India on the world stage. “We are very unhappy and disappointed with the process and object to the adoption of this agenda,” Raina said, calling the US$300 billion climate finance package “a joke”. Malawi and Bolivia also supported India. Raina said that the results clearly show that developed countries are showing reluctance to fulfill their responsibilities. He said that developing countries are the most affected by climate change and are forced to adopt low carbon means even at the cost of their development. They are also facing unilateral measures such as the Carbon Border Adjustment Mechanism adopted by developed countries.
India rejected this proposal
Raina said the proposed outcome will further affect the ability of developing countries to adapt to climate change and will have a significant impact on their development and climate ambitions. “India does not accept this proposal in its current form,” he said, adding that this new climate finance package for developing countries would replace the US$100 billion target set in 2009. A report released after negotiations on the agreement stated that countries will achieve a target of providing a total of US$ 300 billion per year by 2035 from various sources – public and private, bilateral and multilateral and alternative sources. The document puts the figure at US$1.3 trillion but calls for all actors “including public and private” to “work together” to reach this level by 2035. The onus is not solely on developed countries. (language)
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