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France threatens to block funds for India over climate inaction
France threatens to withhold €500 million in EU climate funds to India over lack of updated emissions plans, urging stronger commitments to meet Paris Agreement goals.
- In Brussels on Tuesday, France warned it could block EU climate funds to India, including a 500 million euros payment, if India does not act, Monique Barbut said.
- Amid missed UN deadlines, more than 60 countries failed to produce updated NDCs, which are five-year emission plans under the Paris Agreement.
- Monique Barbut, France's ecological transition minister, told AFP 'I am not in favour of such funding until India submits a NDC' and urged Brussels to take a more transactional approach.
- Monday, EU climate ministers will debate the bloc's climate diplomacy as France warned it may block funds to India, the world's third-largest emitter.
- Linking trade and climate, France warned it may withhold 500 million euros from India unless it submits an NDC, as Monique Barbut indicated she told the European Commission this means funding depends on action.
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France threatens to block funds for India over climate inaction - Newsy People
France has warned it may block the release of climate funding to India under a recent trade agreement with the European Union if New Delhi does not strengthen its commitments to tackling global warming. France’s ecological transition minister, Monique Barbut, said the EU should adopt a tougher and more transactional approach when negotiating climate commitments with emerging economies. Speaking to Agence France-Presse (AFP), Barbut cited India a…
Coverage Details
Total News Sources15
Leaning Left1Leaning Right2Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
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