How Must Developed Nations Deliver Climate Finance in Trillions?
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Synopsis
In an impactful address at CoP30, Union Minister Bhupender Yadav called on developed nations to elevate their climate finance commitments to trillions, urging a shift in climate technology accessibility. His remarks underscore the urgent need for collective action to combat climate change, alongside India's exemplary strides in sustainable development.
Key Takeaways
- Developed nations are urged to provide climate finance in trillions, not billions.
- Climate technology must be accessible and free from restrictive property barriers.
- India has reduced emission intensity significantly and achieved its renewable energy targets early.
- Over two billion trees were planted in 16 months under a community-led initiative.
- India's commitment to global climate justice remains steadfast.
Belem (Brazil), Nov 18 (NationPress) Union Minister for Environment, Forest and Climate Change, Bhupender Yadav, urged developed nations to elevate their climate commitments and fulfill their obligations while emphasizing that climate technology should be devoid of restrictive property barriers.
Addressing the High-Level Segment of the 30th Conference of Parties (CoP30) to the UNFCCC, held in Brazil's Belem on Monday (local time), Minister Yadav expressed gratitude to the government and citizens of Brazil for hosting this significant event in the heart of the Amazon, which symbolizes our planet's ecological richness.
“This COP signifies a decade since the Paris Agreement, marking our collective determination. It serves as a reminder that climate change is not a distant issue but is rather immediate and pressing. Our current trajectory of unsustainable growth is putting immense stress on our planet,” he remarked.
The Union Minister strongly appealed to developed nations to show enhanced climate ambition, stating, “Developed countries need to achieve net-zero emissions much earlier than their existing targets and provide additional, concessional climate finance on a scale of trillions, rather than billions.”
He further highlighted the necessity for “affordable and accessible climate technology” and insisted that such technology “must be free from restrictive intellectual property barriers.”
Minister Yadav noted that India, under Prime Minister Narendra Modi, has effectively demonstrated that development and environmental protection can progress together.
“India's emission intensity has reduced by over 36% since 2005, and non-fossil fuel sources now constitute more than half of our total installed power capacity (approximately 256 GW), achieving our NDC target five years ahead of the 2030 deadline,” he stated.
He also announced that India will present its revised NDCs up to 2035 and timely deliver the first Biennial Transparency Report.
Moreover, the Union Minister emphasized India’s global leadership role through initiatives like the International Solar Alliance and Global Biofuel Alliance.
He highlighted the momentum generated by the Nuclear Mission and Green Hydrogen Mission in steering India towards a net-zero target by 2070.
Yadav mentioned that in alignment with the Paris Agreement objectives regarding the conservation and development of carbon sinks, over two billion trees have been planted through community-led initiatives in just 16 months.
“This is truly a testament to the power of collective climate actions,” he concluded.
The Union Minister reaffirmed India’s dedication to global climate cooperation and justice, stating, “Let the coming decade be characterized by implementation, resilience, and shared responsibility.”
Point of View
It is imperative to recognize the vital role of nations like India in the global climate dialogue. Minister Yadav's call for increased climate finance and technology access reflects a broader need for commitment from developed countries. Such initiatives not only align with global goals but also ensure equitable progress for all nations in combating climate change.
NationPress
18/11/2025
Frequently Asked Questions
What is the main message from Bhupender Yadav at CoP30?
Bhupender Yadav emphasized the need for developed nations to increase their climate finance commitments from billions to trillions and ensure that climate technology is accessible and free from restrictive barriers.
How has India contributed to climate action?
India has successfully reduced its emission intensity by over 36% since 2005 and has achieved significant milestones in renewable energy capacity, including exceeding its NDC targets ahead of schedule.
What initiatives did India introduce under Prime Minister Modi?
India has showcased its commitment to climate leadership through initiatives such as the International Solar Alliance and the Global Biofuel Alliance, alongside its Nuclear and Green Hydrogen Missions.
