World

BASIC nations bat for finances to fight climate change

IANS

 Batting for adequate financial and technology resources to assist the developing world, BASIC countries, including India, on Tuesday emphasised the need for openness, transparency and the country-driven nature of negotiations at the ongoing UN Climate Change conference.

Ministers underlined the importance to prepare the ground towards completing the work on implementing of the 2015 Paris Climate Change Agreement, said a joint statement on the conclusion of the 25th BASIC Ministerial Meeting on Climate Change Ministers here.

It said the ministers reiterated the work on both the pre-2020 and post-2020 periods should be in full accordance with the principles of equity and common but differentiated responsibilities and respective capabilities.

They also emphasised the importance of openness, transparency and inclusiveness.

This was the meeting of the grouping —Brazil, South Africa, India and China (BASIC) — that came into effect after the Paris climate change conference in 2015.

“India expects a positive outcome from this COP (Conference of Parties). We are here with supportive mind and we are pushing for certain action, which are pending,” CK Mishra, Secretary in the Indian Ministry of Environment, Forest and Climate Change, told IANS here.