Rich nations must commit more than $100 billion in climate fight, says India

Published by
Reuters

By Aftab Ahmed and Sanjeev Miglani NEW DELHI (Reuters) – Rich nations need to commit much more than $100 billion to help poor countries fight climate change due to their high historical share of emissions, India’s chief economic adviser said on Thursday, ahead of a UN Climate Change Conference (COP26). Wealthy nations are under ever-greater pressure to deliver on an unmet pledge, made in 2009, to send $100 billion a year to help finance an adequate response by developing countries to rising global temperatures as the world prepares for COP26. “This $100 billion that the advanced economies are …

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