 "Greenhouse gas emissions")
The contentious issue of climate financing by the Global North to developing nations could catch more heat during the upcoming Conference of Parties (COP27) in Egypt next month. Key climate aid provider countries are likely to divert their development budgets towards soaring energy prices and the impending cost of Russia-Ukraine war refugees. This would lead to climate funding constraints for countries such as India.
India in its nationally determined contributions (NDCs) has expressed the need of low-cost global finance for meeting its own climate targets. It had also promoted a 'loss and damage' fund during the last COP26, which could
