Question raised in Lok Sabha on Funds for Combating Climate Change, 07/02/2017
Question raised in Lok Sabha on Funds for Combating Climate Change, 07/02/2017. At the 22nd Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC), held in Marrakesh, Morocco from 7th-18th November 2016, India stressed that access to adequate and predictable climate finance, in both pre-2020 and post-2020 period, remains an overriding concern for developing countries. Under the Paris Agreement, the developed countries have committed to mobilise US $100 billion per year and agreed to enhance it beyond US $100 billion per year by 2025. India also highlighted the importance of pre-2020 actions by developed countries and need for effective finance, technology transfer and capacity building support to developing countries.