{"id":17590,"date":"2022-02-16T10:47:15","date_gmt":"2022-02-16T10:47:15","guid":{"rendered":"http:\/\/chaosindia.com\/demo\/shaktifou\/?page_id=17590"},"modified":"2022-03-22T11:14:16","modified_gmt":"2022-03-22T11:14:16","slug":"climate-finance","status":"publish","type":"page","link":"http:\/\/chaosindia.com\/demo\/shaktifou\/climate-finance\/","title":{"rendered":"Climate Finance"},"content":{"rendered":"

It is overwhelmingly accepted that climate change is a very significant threat to humanity. Countries all over the world are mobilizing resources and capital to tackle this challenge. At COP26, India announced a net zero emissions target by 2070 and enhanced 2030 NDCs. Perhaps most critically, India called for $1 trillion in climate finance over the next decade from developed countries. Financial resources and sound investments are needed to address climate change, to both reduce emissions, promote adaptation to the impacts that are already occurring and to build resilience.<\/p>\n

The Climate Finance Gap<\/strong><\/h3>\n

India, like many developing countries, lacks the financial resources to make the transition to clean energy that could reverse climate change-leaving vital mitigation and adaptation needs unmet.<\/p>\n

It is estimated that India will require more than US$ 2.5 trillion to fulfil its climate mitigation commitments by 2030. This does not take into account the costs of a just transition, which will likely grow exponentially without immediate action. Today, climate investments in India can fulfil only 13% of the previously estimated mitigation financing needs. India needs an additional $1 trillion in\u00a0adaptation and resilience investments\u00a0between 2015 and 2030, i.e. $67 billion annually around the year 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"

It is overwhelmingly accepted that climate change is a very significant threat to humanity. Countries all over the world are mobilizing resources and capital to tackle this challenge. At COP26, […]<\/p>\n","protected":false},"author":1,"featured_media":17795,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/clean-power-2.tpl.php","meta":{"footnotes":""},"class_list":["post-17590","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"http:\/\/chaosindia.com\/demo\/shaktifou\/wp-json\/wp\/v2\/pages\/17590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/chaosindia.com\/demo\/shaktifou\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/chaosindia.com\/demo\/shaktifou\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/chaosindia.com\/demo\/shaktifou\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/chaosindia.com\/demo\/shaktifou\/wp-json\/wp\/v2\/comments?post=17590"}],"version-history":[{"count":16,"href":"http:\/\/chaosindia.com\/demo\/shaktifou\/wp-json\/wp\/v2\/pages\/17590\/revisions"}],"predecessor-version":[{"id":17596,"href":"http:\/\/chaosindia.com\/demo\/shaktifou\/wp-json\/wp\/v2\/pages\/17590\/revisions\/17596"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/chaosindia.com\/demo\/shaktifou\/wp-json\/wp\/v2\/media\/17795"}],"wp:attachment":[{"href":"http:\/\/chaosindia.com\/demo\/shaktifou\/wp-json\/wp\/v2\/media?parent=17590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}