London, June 28
India on Tuesday called on the developed world to step up the scope, scale and speed of climate finance for the developing world to help tackle the crisis of climate change.
Addressing a Climate Finance and Technology Summit in London, Union Minister for Environment, Forest and Climate Change Bhupender Yadav highlighted the milestones achieved by India in the field of climate action on “mission mode”.
“For the developing countries, adaptation finance is important, and the USD 100 billion finance goal must be fulfilled by the developed world. And this climate finance must address the three essential Ss – scope, scale and speed,” said Yadav, in a virtual interaction from New Delhi. “Climate change is not some disaster waiting for us in the future, but it’s our current reality. India is relying mainly on domestic resources to implement adaptation and mitigation action on mission mode,” he said.