India Achieves Significant Milestone in Advancing Equity and Climate Justice, Says Environment Minister Bhupender Yadav

India Achieves Major Goals at UN COP30 Climate Summit

After the recent UN COP30 Climate Summit in Brazil, India's Union Environment Minister Bhupender Yadav highlighted the country's successful negotiations, where it positioned itself as a leader of the BASIC (Brazil, South Africa, India, China) Group and the bloc of Like-Minded Developing Countries (LMDC).

• Yadav emphasized that the summit was a significant milestone in advancing equity and climate justice, with India taking bold positions on critical issues for developing countries.
• He expressed satisfaction with the outcomes, particularly the establishment of the Article 9.1 work programme.

Key Gains from the Summit

India's concerns on climate finance, Unilateral Trade Measures (UTM), adaptation, technology, and other significant topics were fully articulated and incorporated into the final decisions, according to Yadav.

• The work programme on climate finance was a major gain, focusing on the mobilization of grant-based, concessional, and non-debt-creating public finance for climate action in developing countries.
• The establishment of a Just Transition Mechanism to facilitate just, equitable, and inclusive transitions of economies in developing countries was another significant outcome.
• India secured space for discussions in future sessions on the impacts of UTM, such as the Carbon Border Adjustment Mechanism, on developing nations, despite opposition from developed countries.

India's Leadership Role

Yadav highlighted India's leadership role in the summit, particularly in co-moderating with Australia on technology to ensure the recognition of technology development and transfer, endogenous innovation, and support for urgent adaptation and mitigation needs.

India also pushed for an institutional arrangement to identify the needs of developing nations on just transition, according to Yadav.