Minister of state for environment Singh underlines need for increase in adaptation finance to meet climate action needs
Expressing concern over a lack of adaptation finance, minister of state for environment, forest and climate change (MoEFCC) Kirti Vardhan Singh stressed on an increase in international finance—public, grant-based and concessional—to accelerate climate action. “Adaptation finance remains a major challenge. With limited private sector investment, the annual funding gap runs into hundreds of billions. The…