COP 27: Confidence of investors key to meet climate goals, says India

Leena Nandan strongly emphasised the need for information dissemination to strengthen communities for adaptation readiness

Leena Nandan, secretary, ministry of environment, forest and climate change, highlighted the need for adaptation financing, saying that developing a global baseline to enhance transparency and investor confidence is crucial for boosting adaptation readiness.

Nandan said this at a session on ‘Long-Term Strategy on Adaptation and Adaptation Readiness in India’, organised by The Energy and Resources Institute (TERI). It was held at the India Pavilion during COP 27 in Sharm El-Sheikh, Egypt, on Sunday.

Noting that adaptation must be at the forefront of development interventions, Nandan said, “The institutional arrangement, the action plan and resource mobilisation have to walk hand-in-hand and see