India, US launch ‘Climate Action and Finance Mobilisation Dialogue’

New Delhi: India and the United States have launched the Climate Action and Finance Mobilization Dialogue (CAFMD) with Union Environment Minister Bhupender Yadav and US Special Presidential Envoy for Climate Change, John Kerry, reiterating pledges to enhance actions to meet the goals of the Paris Agreement.

The CAFMD is one of the two main tracks of the US-India Agenda 2030 Partnership that Prime Minister Narendra Modi and US President Joe Biden had announced at the Leaders’ Summit on Climate in April 2021. The other track is the Strategic Clean Energy Partnership.

“The Climate Action and Finance Mobilisation Dialogue of the Agenda 2030 Partnership launched today will provide both countries an opportunity to renew collaborations on climate change while addressing the financing aspects,” Yadav said while announcing the launch of the Dialogue.

Yadav recalled how earlier during the launch of the India-US Climate and Clean Energy Agenda 2030 Partnership at the Leaders’ Summit on Climate, Modi and Biden had made statements supporting the global climate action and increased cooperation between the two countries on the issue.

Kerry visited India as part of his multi-country tour in the run up to the annual climate summit less than 50 days ahead.

Kerry has visited Korea, Argentina, Japan and China over the last few days to continue vital discussions on reducing emissions and raising ambition ahead of COP26, the annual climate summit that will take place in Glasgow.

Earlier in the year, declaring the India-US joint statement at the launch of the ‘India-US Climate and Clean Energy Agenda 2030 Partnership’ in April, the two nations had said, “Through this collaboration, India and the United States aim to demonstrate how the world can align swift climate action with inclusive and resilient economic development, taking into account national circumstances and sustainable development priorities.”

Image courtesy of (Photo: PIB)

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