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France threatens to block funds for India over climate inaction
France threatens to block 500 million euros in EU climate funds to India unless it submits updated emissions reduction plans and strengthens climate action, officials said.
- On Monday, France warned it could block disbursement of 500 million euros in EU climate funds to India under a recent accord.
- Amid missed UN deadlines, more than 60 countries failed to produce updated NDCs last year, including India, Egypt, and the Philippines.
- Monique Barbut, France's ecological transition minister, said Brussels should adopt a 'more transactional' approach and she is 'not in favour of such funding until India submits a Nationally Determined Contribution.'
- EU climate ministers are due to discuss the 27-nation bloc's climate diplomacy in Brussels on Tuesday, raising pressure on India, the world's third-largest emitter.
- Linking trade and climate, France warned it may withhold EU climate funds to India, with officials saying 'This clearly means: 'We only pay if you act' after a January trade deal with Brussels.
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12 Articles
Coverage Details
Total News Sources12
Leaning Left1Leaning Right2Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 17%
C 50%
R 33%
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