‘Climate change is treated as a business opportunity rather than an urgent crisis,’ said environment secretary Leena Nandan at IIC, implicating the richer nations.
The UNDP Administrator hailed the carbon market framework and the $300 billion pledged by developed nations as affirmations of the Paris Agreement's commitment.
Recent research shows extreme weather is already costing vulnerable island nations $141 billion each year. This will rise to $1 trillion annually by 2030.
Deciding the quantum and other aspects of climate financing was one of the central aims of this edition of the climate conference, dubbed the 'finance COP' for this reason.
India’s national statement in Baku, Azerbaijan, also called on developed nations to take the lead in reducing emissions and allow adequate carbon space for developing countries.
With COP29, India, Russia, and China can take the lead in climate change mitigation and establish necessary financial protocols. But they must set aside their differences first.
Fauja Singh, 114, died after being hit by a speeding car. His death renews questions about India’s deadly roads, rising accidents, and poor traffic discipline.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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