India has joined Brazils new global fund for tropical forests as an observer, urging developed countries to enhance climate action a decade after the Paris Agreement.
- Indias ambassador emphasized that non-fossil fuel-based power now constitutes over half of Indias total installed capacity, allowing the country to meet its revised Nationally determined contribution five years early.
- During the Leaders Summit in Belém, India criticized the global climate ambition as inadequate, urging developed countries to accelerate emission cuts and fulfill their climate finance commitments.
- Joining Brazils forest fund, India highlighted the need for bold climate change mitigation efforts, particularly from developed countries, to combat the ongoing challenges of climate change.
Why It Matters
This development underscores the urgent need for collaborative international efforts to address climate change, especially as developing countries like India push for accountability from developed nations in their climate commitments.