India Reaffirms Commitment to Multilateralism and Equity at COP30, Calls for Clearer Climate Finance Framework

At the opening plenary of the 30th UN Climate Conference (COP30) in Belém, Brazil, India reaffirmed its strong commitment to multilateralism and equity in global climate action, while urging developed countries to fulfil their legal obligations related to finance, technology transfer, and capacity building for developing nations.

Delivering statements on behalf of both the BASIC group (Brazil, South Africa, India, and China) and the Like-Minded Developing Countries (LMDC), India underscored that climate finance remains the single largest barrier to raising global ambition. The delegation called for a clear and universally agreed definition of climate finance and emphasised the urgent need to strengthen and scale up public finance, particularly for adaptation efforts in developing countries.

India reiterated that meeting these commitments is essential to ensure fairness and balance in global climate governance, enabling all nations to contribute effectively to the objectives of the Paris Agreement.