India calls for action on climate finance gap at Bonn UN talks

India has called for the shrinking pool of climate finance and a widening adaptation finance gap to be tackled head-on at the United Nations climate negotiations-linked talks under way in Bonn, Germany. It has urged that a Paris Agreement provision, which obliges developed countries to provide funds to developing nations, be given dedicated agenda space to enable substantive progress.

The intervention came in India’s statement to the 64th session of the UNFCCC Subsidiary Bodies (SB64), delivered by Harkeerat Randhawa of the Ministry of External Affairs (MEA). India associated itself with the positions taken on behalf of the Group of 77 and China (G-77), the Like-Minded Developing Countries (LMDC) and the BASIC bloc (Brazil, South Africa, India, China).

The remarks underline New Delhi’s push for greater accountability from developed countries on finance commitments, even as developing nations face mounting costs to adapt to climate impacts.