India Urges Developed Nations to Fulfill Climate Finance Commitments at COP31
India calls on developed countries to meet climate finance obligations at COP31 in Antalya, emphasizing the need for global cooperation.
Antalya, November 10 (Daily Kiran) : India has appealed to developed nations to fulfill their climate finance obligations under Article 9.1 of the Paris Agreement during the COP31 conference held in Antalya, Turkey. The country reiterated its commitment to multilateral cooperation on climate change and called for fair, balanced, and ambitious outcomes.
In a statement released by the Ministry of Environment, Forest and Climate Change, India emphasized the crucial role of public financial assistance from developed countries to advance climate actions and strengthen adaptation efforts in developing nations.
During his inaugural address at COP31, Secretary Narendra Bhushan expressed gratitude to Turkey and Australia for hosting and leading the conference. He affirmed India’s support for statements made by the G77 and China, the LMDC, and the BASIC groups.
India pointed out that Article 9.1 of the Paris Agreement clearly places the responsibility on developed nations to provide financial resources for climate action in developing countries.
The country highlighted that the UNFCCC and the Paris Agreement serve as the most inclusive platforms where every nation can voice its concerns. India reaffirmed its trust in the process and its fundamental principles, such as equity and “common but differentiated responsibilities and capabilities” (CBDR-RC).
India warned that the risk of global temperatures rising beyond 1.5 degrees Celsius is increasing. In this context, it is crucial to ensure that no country or community is left behind in global efforts to combat climate change.
The country noted that the transition to environmentally sustainable energy and economy (just transition) and meeting climate adaptation needs remain significant challenges, particularly for nations in the Global South, where climate and development challenges are interconnected.
The two-week COP31 conference commenced on Monday in Antalya. Conference President Murat Kurum urged countries not to limit themselves to promises but to translate them into action on the ground. He emphasized that COP31 should be viewed as an implementation conference, where discussions and announcements result in tangible changes in people’s lives.
According to the United Nations Environment Programme’s “2026 Adaptation Gap Report: Ready? Not,” international public adaptation finance from developed countries to developing nations is projected to fall significantly short of the estimated $305 billion annual need by 2035.
