India Advocates for Climate Equity at COP30
New Delhi, June 10, 2025 — At the COP30 summit in Brazil, India has amplified calls for developed nations to deliver overdue climate finance and address escalating risks to multilateral climate action. Union Environment Minister Bhupender Yadav stressed that unmet financial pledges undermine global efforts to combat climate change.
Urgent Need for Climate Finance
India reiterated demands for developed countries to fulfill their $100 billion/year climate finance commitment, originally pledged in 2009. Yadav asserted, “Without adequate funding, climate justice remains out of reach for developing nations.”
- Key Data Point: India requires $2.5 trillion to achieve its 2070 net-zero goal.
- Current Gap: International finance flows cover less than 20% of developing nations’ needs.
Multilateralism in Crisis
Yadav warned that geopolitical tensions and technology hoarding are eroding trust in climate negotiations. “Protectionism jeopardizes the Paris Agreement’s goals,” he said, urging renewed collaboration.
India’s Clean Energy Leadership
Despite challenges, India is a renewable energy frontrunner:
– 450 GW installed capacity (40% of energy mix).
– Proposed Green Development Pact to boost tech-sharing with Global South.
Global Divide Persists
While vulnerable nations support India’s stance, some developed countries urge “greater domestic action” from emerging economies. Key unresolved issues include:
– New Collective Quantified Goal (NCQG) for post-2025 finance.
– Loss and Damage Fund operationalization.
Conclusion
India’s COP30 role highlights its dual focus: holding wealthy nations accountable while advancing equitable solutions. The summit’s success hinges on bridging finance and trust gaps.
