COP29: India calls on rich countries to meet climate adaptation commitments to developed countries to increase support for climate adaptation in developing countries, saying that increasing the frequency and the intensity of extreme weather events puts people’s survival at risk especially in poor countries.
Speaking at a high-level ministerial dialogue on adaptation on Tuesday, India stressed that the developing world is suffering disproportionately from the impacts of climate change, which are largely the result of historic emissions from developed countries.
The increasing frequency and intensity of extreme weather events are negatively affecting the lives and livelihoods of people in developing countries, endangering their survival, said Indian negotiator Rajasree Ray.
India recalled that the United Arab Emirates Framework for Global Climate Resilience, adopted at COP28 last year, emphasizes the urgent need for increased support from developed countries.
This mobilization must go beyond previous efforts, supporting country-led strategies, respecting their evolving needs and unique circumstances, Ray said.
India said one of the main challenges to help developing countries adapt Global warming is the slow disbursement of climate adaptation funds under existing financial mechanisms.
Calling for an ambitious financial framework beyond 2025, India said the new climate finance package for developing countries should include substantial grants and concessional financing.
Developed countries should play a central role in encouraging adaptation financial flows from public and private sources to developing countries, he said.
India shared its efforts for adaptation, saying that funding so far has come mainly from domestic sources.
We are in the process of developing our National Adaptation Plan. “In our initial UNFCCC adaptation communication last year, we estimated adaptation capital needs at $850 billion,” he added.