Germany agrees with India on equal use use of GCF for

Germany today agreed with India's position that the funds in the Green Climate Fund (GCF) should be equally utilized for both mitigation and adaptation, a view which it were "opposed" to earlier.
Barbara Hendricks, German Minister for Environment, Nature Conservation, Building and Nuclear Safety who held a bilateral meeting with her counterpart Prakash Javadekar, said that it is useful for India to use 50 per cent of the money for adaptation and the other 50 per cent for mitigation.
"Around 10 billion dollars have been paid into the GCF. It's in the use of India to use 50 per cent of that money for adaptation and the other 50 per cent for mitigation.

"First we were opposed to that idea but then we have been convinced because we realize that adaptation is an important issue as well and we agree with Indian position. Different countries have different needs and different circumstances," she said.
Hendricks told reporters after the meeting that the per-capita emissions in India "are very low. It is difficult to impose mitigation obligation in such circumstances."
The Green Climate Fund (GCF) was established last year and 10 billion dollars were pledged by developed countries in order to assist developing countries with climate-related projects.
Hailing the agreement, Environment Minister Prakash Javadekar said that it was "goodwill" from Germany's side and both the nations will work together.

"Earlier, they (Germany) had a opinion that it has to be all mitigation-centric. But once they were convinced and the world decided that adaptation and all other elements also will be the part, now they have decided that 50:50 funds will be for mitigation centric activities and adaption. It is a goodwill from Germany side. We will work together," he said.