Phase IFoundation
Background
Overview
UPSC frequently examines the complexities of international climate negotiations, particularly the North-South divide, issues of responsibility, finance, and technology transfer, and India's role in global climate governance.
Climate finance refers to local, national or transnational financing—drawn from public, private and alternative sources of financing—that seeks to support mitigation and adaptation actions that will address climate change. Equity in climate negotiations is rooted in the principle of Common but Differentiated Responsibilities and Respective Capabilities (CBDR-RC), acknowledging historical emissions and varying capacities of nations.