Developed countries must accept historical responsibility for climate change and provide financial resources to developing nations to combat the crisis, India said at the COP26 climate summit on Monday, PTI reported.
The COP, or Conference of Parties summit, began in the Scottish city of Glasgow on October 31 and will go on till November 12. Representatives from nearly 200 countries are engaged in negotiations on how to limit global warming to 1.5 degrees to 2 degrees Celsius as compared to pre-industrial levels.
Chandni Raina, advisor to the Department of Economic Affairs, on Monday spoke on behalf of India during the presidency event at the first high-level ministerial dialogue on climate finance.
India recorded its “deep disappointment” with the discussions at the United Nations climate conference till now.
“The global action on climate change is contingent on the delivery of timely and adequate finance,” Raina said. “Developed countries had taken a commitment in 2009 to mobilise $100 billion per year by 2020 for climate action by developing countries. The promise has not been met.”
The official was referring to the COP16 Accord of 2009, under which developed countries committed themselves to mobilising the amount.
Raina said that financial support from developed countries was a pre-condition to climate action by developing countries. “The scope, scale and…