MARKET STRUCTURE · INDIA

Failure of developed countries on climate finance makes NDCs unachievable: India at COP30

Economic Times 16 Nov 2025 · 2:00 AM
Change
At COP30, India condemned developed countries for failing to meet climate finance commitments, jeopardizing developing nations' climate goals. Reliable financial support is crucial for achieving Nationally Determined Contributions (NDCs).
Failure of developed countries on climate finance makes NDCs unachievable: India at COP30
Why it matters
At COP30, India voiced strong criticism against developed countries for their failure to meet climate finance obligations, which it argues is essential for developing nations to achieve their climate goals. India's negotiator, Suman Chandra, stated that without predictable and reliable financial support, developing countries cannot fulfill their Nationally Determined Contributions (NDCs) under the Paris Agreement. The country pointed out that developed nations have not honored their legal obligations as outlined in Article 9.1 of the Paris Agreement. India also expressed concerns over the New Collective Quantified Goal (NCQG), deeming it inadequate and lacking clear commitments from developed countries. Furthermore, India highlighted discrepancies in financial reporting, with some developed nations reporting significant decreases in climate finance. The country called for improved financial mechanisms and emphasized the need for predictable and additional support to ensure progress under the Paris Agreement.
Source

Read full article on Economic Times →

Topics

Climate & Environment Climate Change Climate Science

Decision-grade intelligence

Be prepared — without the noise

Calm, decision-grade intelligence that flags material changes before they become social knowledge—so you can update assumptions, not chase headlines.

Delivered by email. Pro memeber get real-time access and the full archive.

No cadence. Only material change.