COP30 Showdown: India Calls Out Developed Nations Over Broken Climate Finance Promises

India, as the world’s most populous and climate-vulnerable nation, voiced strong criticism against developed countries at the 30th UN Climate Change Conference (COP30). Speaking for the Like-Minded Developing Countries (LMDCs) group, India highlighted how delays and broken promises on climate finance stall essential climate action for developing countries.

The country underscored the significance of Article 9.1 of the Paris Agreement, which legally binds developed parties to provide financial resources for mitigation and adaptation in developing nations. India described the new collective quantified goal (NCQG), adopted at COP29, as inadequate and called for formal negotiations on Article 9.1.

India advocated for climate finance that is predictable, grant-based, transparent, and backed by multi-year commitments to enable countries to meet their Nationally Determined Contributions (NDCs). It emphasized equity, climate justice, and multilateralism as the pillars of successful global climate action.

The nation also cautioned against climate-related trade barriers by developed countries that may act as disguised protectionism, urging adherence to UNFCCC principles.

Key Highlights:

India criticizes developed nations for unmet climate finance duties at COP30.

Calls for formal negotiation and implementation of Paris Agreement’s Article 9.1.

Demands predictable, grant-based, and multi-year climate financing.

Emphasizes equity, climate justice, and multilateral cooperation.

Warns against unilateral trade barriers veiled as climate action.

Highlights critical need to scale adaptation finance for vulnerable populations.

Advocates for preserving principles of common but differentiated responsibilities.

Sources: India Today, The Hindu Business Line, PIB India