India Urges Action on Climate Funding and Technology Transfer Ahead of COP28

Brief by Shorts91 Newsdesk / 04:29am on 28 Nov 2023,Tuesday India Global

India's Finance Minister, Nirmala Sitharaman, has emphasized the need for concrete action on climate funding and technology transfer at the upcoming COP28 summit. Speaking at the India Global Forum Middle East and Africa 2023 in Dubai, Sitharaman highlighted India's commitment to climate goals, funded independently of the pledged hundred billion. Calling for more than mere discussions, she stressed the significance of COP28 in directing the transfer of technology and actual funding, especially for developing economies. Despite geopolitical tensions, Sitharaman assured that the India-Middle East-Europe Corridor remains resilient. The conference also featured insights from UAE's AI Minister, Omar Al Olama, who emphasized the crucial role of AI in driving economies and impacting societies. The upcoming COP28 is anticipated to set the stage for global climate strategies.

Read More at The Economic Times

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