Ensure Resources To Developing Nations On Climate Change:India

UNITED NATIONS: As the global community readies to adopt an ambitious post-2015 development agenda, India has highlighted the importance of ensuring enhanced resources to developing countries to combat climate change.

"It is important to ensure that the enhanced provision of resources to developing countries for climate change and environmental concerns is additional and not at the cost of traditional development finance.

"The present double counting of climate finance with Official Development Assistance is a matter of concern," counselor in the Indian Mission to the UN Amit Narang said.

Even though ODA levels have regrettably declined, this does not diminish their relevance and ODA would remain relevant and important in the post-2015 period, he said, adding that much of the recent discourse has focused on the insufficiency and declining role of ODA.

"In fact the broader agenda envisaged under the Sustainable Development Goals would require ODA levels to be enhanced and scaled up," Narang said in the General Assembly debate on 'Means of Implementation for a Transformative Post-2015 Development Agenda' yesterday.

He said the organisation of Financing for Development Conference in Addis Ababa in July this year is a welcome opportunity to enrich global efforts to forge an ambitious set of 'means' for implementing the agenda.

Read Also:
U.S., India Headed For A Trade War: Foreign Policy
'Make In India' Theme Of Aero India 2015