India may be faced with contributions for fund it demanded
India is now faced with what it had demanded for at the very beginning of COP27: money for loss and damage.
Even before COP27, Indian officials had been arguing that the country was a victim of climate losses and damages and needed reparations.
They say severe impacts of climate change are seen everywhere – from the Himalayas to coastal areas to deserts.
And now they face the condition from developed countries for a loss and damage fund that new major economies like India and China should contribute too, although details are yet to be decided.
There has been no public comment from Indian officials but sources in the Indian delegation said this would change the fundamental of the UN climate convention that differentiates developing countries from developed countries and forms the basis of “common but differentiated responsibilities” principle while dealing with climate change.
Developed countries have argued the definition dates back to 1992 and some of the developing countries have now become major economies.