Noting that post 2020 finance is "fundamental" to the success of Paris summit, India also said that the finance beyond 2020 has to be "predictable" and scaled up from USD 100 billion onwards.
The world is aware of the "enormity" of the task and time is clearly not on its side, Environment Minister Prakash Javadekar said adding one cannot afford to "complicate" the Paris summit and "we should keep Paris simple."
"To us, the enlarging of donor base and shrinking of recipient base will amount to tinkering with the basic rubric of the Convention and that is not what we intend to do." Javadekar said while making an intervention at the closing plenary session of Pre-Cop21 in Paris.
Noting that pre 2020 actions are key to building trust among the countries, the Minister said that India strongly believes that there can be no "action holiday" in the pre 2020 period.
He said that while post-2020 finance has to be "predictable and scaled up from USD 100 billion onwards", (India) does not want to see a change in the very paradigm in which finance has been talked about in the Convention (UNFCCC).
Javadekar said the Paris agreement has to be ambitious and the contributions have to be "progressively ambitious" and said ambition applies to all elements and not just the mitigation part alone.