India seeks early operationalisation of special climate fund

New Delhi, Nov 10: India today categorically said no fresh commitments should be introduced for developing nations under the UN convention on climate change and demanded early operationalisation of special climate change fund and fund for least developed countries.

New Delhi, Nov 10: India today categorically said no
fresh commitments should be introduced for developing nations
under the UN convention on climate change and demanded early
operationalisation of special climate change fund and fund for
least developed countries.

"The existing equilibrium of commitments and
differentiation between developed and developing nations had
to be maintained," Deputy Prime Minister L K Advani said,
adding no new commitments should be introduced for developing
countries.

Inaugurating the technology bazaar and conference on
climate change here, Advani pointed out adaptation to climate
change by developing countries will not be automatic as it
entailed considerable costs to them.

Developed countries need to address the declining
proportion of official development assistance to developing
countries, he added.

"Here I have to mention that the declining proportion of
ODA by developed countries for developing countries signals
adversely for technology flows in various situations. This
needs to be addressed," Advani said.

He said since climate change was already underway, there
was a need for effective adaptation polices to complement
mitigation policies.

Bureau Report

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