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India Calls for Rationalised Adaptation Indicators Ahead of Landmark COP30
4 Nov
Summary
- Adaptation a key issue at COP30, with calls to rationalise indicators
- India endorses strengthening multilateralism as COP30 marks 10 years of Paris Agreement
- Adaptation finance gap projected to reach $310 billion per year by 2035
As the world prepares for the crucial COP30 climate conference, India is pushing for the rationalisation of adaptation indicators to be a key priority. According to the country's Environment Minister, Yadav, adaptation is a critical issue that must be addressed at the upcoming summit. Yadav stressed that the adaptation indicators need to be based on national circumstances, finance, technology, and capacity, among other factors.
The minister also highlighted that discussions on Article 7.1 of the Paris Agreement, which establishes the global goal on adaptation, will likely be a focal point at COP30. However, Yadav emphasized that the implementation of adaptation support must be rapid, with progress needed on initiatives like the Just Transition Work Programme and Mitigation Work Programme.
Another key issue that will be in the spotlight at COP30 is technology implementation, particularly the scaling up of renewable energy and energy efficiency technologies. India has already endorsed the importance of strengthening multilateralism at the conference, which marks the 10th anniversary of the Paris Agreement.
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Meanwhile, the Adaptation Gap Report 2025 projects that the adaptation finance needed in developing countries by 2035 is likely to exceed $310 billion per year, a staggering 12 times the current international public adaptation finance flows of $26 billion in 2023. This leaves a significant adaptation finance gap that will need to be addressed at the upcoming climate summit.
