“The problem was caused by you!” Union Commerce and Industry Minister Piyush Goyal criticised developed nations, particularly Europe, over their historical contribution to climate change during the Berlin Global Dialogue. He highlighted India’s share of the global population, questioned Europe’s per capita emissions and accused wealthy countries of failing to adequately support developing economies.
Goyal also raised the $100 billion annual climate-finance commitment and criticised the European Union’s Carbon Border Adjustment Mechanism (CBAM). However, OECD data shows developed nations first met the collective financing target in 2022, two years later than originally promised. Here’s what Goyal said and why climate finance remains a contentious international issue.
#PiyushGoyal #ClimateChange #ClimateFinance
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