COP26: India expresses 'deep disappointment' over climate financing

India, has been pushing for the achieving of the climate financing commitment of the developed world, said global action on climate change is contingent on the delivery of timely and adequate finance.

Blaming the developed world for not meeting the climate financing targets, India has expressed “deep disappointment” over the allocation of resources.

“We record our deep disappointment with the deliberations in COP26 so far. Developed countries must accept the historical responsibility and provide the financial resources to the developing countries,” it said in a statement at the first ‘High Level Ministerial Dialogue on Climate Finance’.

India, which has been pushing for the fulfilment of the climate financing commitment from the developed world, said global action on climate change was contingent on the delivery of timely and adequate finance.

“Developed countries had taken a commitment