Outcome of COP25 balanced, with the exception of Climate Finance issues: Prakash Javadekar

New Delhi: The 25th Session of the Conference of the Parties (COP 25) to the United Nations Framework Convention on Climate Change (UNFCCC) was held under the Presidency of Chile in Madrid, Spain on 02nd – 15th December 2018. The conference, which was expected to conclude on 13th December, was extended till 15th December 2019 to arrive at a consensus on a range of issues, particularly Article 6 of Paris Agreement, Warsaw International Mechanism for Loss and Damage associated with Climate Change Impacts and climate finance.

Addressing a Press Conference in New Delhi today, Union Environment Minister, Shri Prakash Javadekar said that with the exception of climate finance issues, overall, India considers the outcome of COP 25 a balanced outcome which addresses concerns of all Parties, especially the developing countries and provides the necessary building blocks for successful implementation of the UNFCCC and its Paris Agreement.

“India engaged constructively in the negotiations while protecting India’s key interests including consideration of principles of equity and Common but Differentiated Responsibilities and Respective Capabilities (CBDR-RC); need for enhanced means of implementation, including climate finance, technology transfer at affordable costs and capacity building support, from developed to developing countries in accordance with their obligations under the UNFCCC and Paris Agreement.”, said Shri Javadekar