India Leads Global South in Climate Action
COP28 is expected to set out a clear roadmap for a 'pragmatic global energy transition' and 'inclusive climate action.' Both of these goals are rooted in the text of the 2015 Paris Agreement on climate action. The world’s rich and industrialized nations need to stand up and deliver on past climate finance pledges. The developed world needs to bring together financial institutions and multilateral development banks to close the global climate finance gap. This effort should ensure that priorities of developing countries, like the Loss and Damage Fund, can be met by mobilizing trillions in available finance. This includes tapping into private finance and capital markets. India, as the champion of the Global South, is leading global efforts to stay within the Paris Agreement's goal of limiting warming to 1.5°C. In this series, we showcase writers from around the world discussing India’s ambitious climate action, which is fundamentally fair and accompanied by societal consent.