India calls upon developed nations to meet obligations on climate finances

India called upon the developed countries to fulfill their obligations to provide finances promised at UNFCCC COP summit to the developing countries to fight climate change.

Participating in the 10th Meeting of BRICS Environment Ministers was held in hybrid format under the Chairship of the Russian Federation on 28th, the Union Environment Minister Bhupendre Yadav cautioned that climate finance should not be seen as a means of investment.

It was the first meeting of the BRICS Environment Ministers after joining of five new members, Egypt, Ethiopia, Iran, the United Arab Emirates and Saudi Arabia.

Speaking over the role of BRICS countries to tackle climate change, Union Minister stated that a larger and bigger BRICS can now set the agenda, priorities and way forward for tackling environmental challenges.

He stressed that initiatives under BRICS are firmly guided by the principles and goals of the UN system and its agencies, and BRICS nations should ensure that available carbon space is utilised by the Developing Countries.

“Theimportance of sustainable lifestyles in tackling global environmental challenges. He urged the BRICS nations to promote implementation of the Resolution on Sustainable Lifestyles, adopted at the sixth United Nations Environment Assembly” he emphasised.

The Union Minister highlighted the concrete actions taken by India, both at national level and international level, for addressing the environmental challenges.

He urged the BRICS nations to join and support the campaign of “Ek Ped Maa Ke Naam”, launched by Prime Minister on World Environment Day.

The Union Minister also underlined the need for strengthening and widening the collaboration and cooperation among the BRICS nations, and continued close collaboration in multilateral forums, and stand together to uphold the principles of equity and CBDR-RC.

The “STATEMENT” of the 10th BRICS Environment Ministers Meeting, Nizhny Novgorod, Russia, was also adopted in the meeting.