By Nakul Sharma
The World Economic Outlook projects global growth at 3.3 percent, butbut the IMF -projection of India’s expected GDP growth at 6.,5 percent allows it to maintain the status of fastest growing major economy in FY 25-26 as well. The economic growth figures might look attractive and mislead you in to believing that the Indian economy is fine, but the risks are almost certain. One such risk is the economic cost of “climate change.” The 2022-23 RBI report suggests that up to 4.5 percent of India’s GDP could be at risk by 2030 due to extreme heat.

This latest draft text on the New Collective Quantified Goal is not just a joke – it’s an insult to the people in the Global South living on the frontline of the climate crisis. The $250 billion per year in public finance is peanuts. The Global South must not carry the burden of historic emitters’ failure to act. No deal is better than a bad deal – but we are not done yet.

Baku – In response to the latest draft text for the New Collective Quantified Goal on Climate Finance (NCQG):
Tasneem Essop, Executive Director, Climate Action Network International, said: “The latest draft NCQG text remains glaringly incomplete without the concrete numbers for the finance goal – the very cornerstone of any agreement at COP29

By Purnima Joshi
As COP29 approaches, CANSA brought together climate experts across South Asia to voice their expectations for a finance goal that meets their urgent climate realities. The two pre-COP webinars facilitated by Santosh Patnaik of CANSA (Climate Action Network South Asia), had regional voices who emphasized that this year’s COP must bring real commitments for transformative climate finance, resilience, and a just transition.

Ahead of a High Level Ministerial Dialogue on the New Collective Quantified Goal (NCQG) on climate finance and the Pre-COP meeting in Baku this week, Climate Action Network (CAN) is sending a clear and unequivocal message from more than 130 #CivilSociety organisations: failure to deliver an ambitious #ClimateFinance outcome at COP29 is not acceptable. Baku

By Divyanshi Yadav
The CANSA Annual Regional Meeting 2024, held in Colombo, Sri Lanka, was a pivotal moment for climate action in South Asia, with over 40 delegates, including an inspiring number of youth leaders from across the region, gathering to address key issues like loss and damage, urban resilience, and climate finance.

By Divyanshi Yadav
The CANSA Annual Regional Meeting 2024, held in Colombo, Sri Lanka, was a pivotal moment for climate action in South Asia, with over 40 delegates, including an inspiring number of youth leaders from across the region, gathering to address key issues like loss and damage, urban resilience, and climate finance.

By Divyanshi Yadav
The CANSA Annual Regional Meeting 2024, held in Colombo, Sri Lanka, was a pivotal moment for climate action in South Asia, with over 40 delegates, including an inspiring number of youth leaders from across the region, gathering to address key issues like loss and damage, urban resilience, and climate finance.

By Divyanshi Yadav
The CANSA Annual Regional Meeting 2024, held in Colombo, Sri Lanka, was a pivotal moment for climate action in South Asia, with over 40 delegates, including an inspiring number of youth leaders from across the region, gathering to address key issues like loss and damage, urban resilience, and climate finance.

By Divyanshi Yadav
The CANSA Annual Regional Meeting 2024, held in Colombo, Sri Lanka, was a pivotal moment for climate action in South Asia, with over 40 delegates, including an inspiring number of youth leaders from across the region, gathering to address key issues like loss and damage, urban resilience, and climate finance.