India's Disappointment with COP-29 Outcomes

India has expressed disappointment with the New Collective Quantified Goal (NCQG) from COP 29 in Baku, stating it fails to meet the needs of developing countries and contradicts the principles of Common but Differentiated Responsibilities and Respective Capabilities (CBDR-RC). The proposed mobilization target of USD 300 billion annually by 2035 is deemed insufficient compared to the estimated financing needs of developing nations, which range from USD 5.1 to 6.8 trillion by 2030. India has submitted its views on the 'Baku to Belém Roadmap to 1.3T', emphasizing the need for equity and adherence to UNFCCC principles.

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