India to demand predictable climate finance and oppose top-down targets at COP31
GS2Polity · Governance · IR· Policies of other countries affecting India· Prelims + Mains·
Climate finance and bottom-up mitigation: a key GS2 International Relations and Environment topic.
Why in news
Union Environment Minister Bhupender Yadav announced that India will demand predictable climate finance and oppose top-down mitigation targets at COP31.
Background
India plans to coordinate with the G-77 and China to seek a Climate Finance Work Programme. The Minister stated that the $300 billion annual target by 2035 is inadequate compared to the $1-1.3 trillion requested by developing countries.
Facts for Prelims
- FactIndia's requested annual climate finance: $1-1.3 trillion
- FactProposed annual climate finance target by 2035: $300 billion
- BodyG-77: A coalition of developing nations coordinating with India and China on climate finance
Prelims practice question
What is the annual climate finance amount requested by developing countries according to the note?
- (a)$1-1.3 trillion
- (b)$750 billion
- (c)$500 billion
- (d)$2 trillion
Show answer
Answer: (a) $1-1.3 trillion — The note states that developing countries requested $1-1.3 trillion compared to the $300 billion target.
For Mains
Q. Discuss the challenges faced by developing nations in securing adequate climate finance and the significance of 'bottom-up' targets in global climate negotiations.
Dimensions to cover in your answer
- Funding gap: Disparity between the $300 billion target and the $1-1.3 trillion requirement of developing nations
- Sovereignty vs. Mandates: Conflict between top-down mitigation targets and national development priorities
- Multilateral coordination: Strategic alignment of G-77 and China to influence global climate finance architecture
Keywords: Climate Finance · Technology Transfer · Bottom-up approach · G-77
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This note is generated automatically from SatyaDheesh's news feed and mapped to the UPSC CSE syllabus. Check facts against the original report or PIB before using them in an answer.