Indian Economy News

India reaffirms Commitment to Climate Multilateralism and a Fair, Ambitious Outcome at UNFCCC COP31, in Antalya (Türkiye)

India has reaffirmed its commitment to climate multilateralism and the principles of Equity and Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC). India called for a fair, equitable and ambitious outcome at the 31st Conference of the Parties (COP31) to the United Nations Framework Convention on Climate Change (UNFCCC), being held in Antalya, Türkiye. Secretary of the Ministry of Environment, Forest and Climate Change (MoEFCC) Mr. Narendra Bhooshan delivered India’s Opening Statement. The statement expressed gratitude to Türkiye and Australia for their leadership of COP31 and noted that India aligns with the statements made by G77 and China, the Like-Minded Developing Countries (LMDC) and BASIC. India underlined that the UNFCCC and its Paris Agreement remain the most inclusive platforms where every country has a voice. India also welcomed the Presidency’s vision of a “COP of Implementation”, guided by Dialogue, Consensus and Action.

Highlighting the growing challenges posed by the prospect of crossing 1.5°C of warming, India stressed that equity has become particularly urgent to ensure that no one is left behind in collective climate action. India reiterated its commitment to contributing its fair share to global climate action while pursuing the development and well-being of its people. Just transition and meeting adaptation remain significant challenges, particularly for the Global South, where these are closely linked to development. On climate finance, India emphasised that public finance from developed countries remains central to catalysing climate action and strengthening adaptation finance in developing countries. India also underscored the importance of Article 9.1 of the Paris Agreement.

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