Ambitious climate targets mean little if wealthy nations fail to honour their commitments on finance and technology support for developing countries

On the surface, India’s refusal to submit its plan for carbon reduction targets might have attracted criticism from some quarters at the United Nations Climate Summit — COP30 — but the reality is that having ambitious targets on paper means little if wealthy nations, the biggest carbon emitters, fail to honour their commitments on climate finance and technology support for developing countries. It is time for a candid reality check, as the industrialised world has failed to meet the USD 100 billion annual commitment made over a decade ago. However, they have been putting pressure on developing nations to meet ‘Net Zero’ (reducing greenhou

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