Speaking at the Petersberg Climate Dialogue in Berlin, he said that Climate Action has a cost and India supports the Polluter Pays principle.
He said the international community must incorporate the concerns of developing countries in terms of their need for development and meeting their basic national priorities. There was a need to incentivise poor nations to enable ambitious action on their part.
He also urged developed countries to finalise the draft for Pre-2020 actions during the Bonn session in June 2015.
The Official Development Assistance had been earlier pegged at 0.7 % of the GDP of developed countries or 100 billion per year by 2020. But that is yet to materialise.
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