New Delhi: Warning that there are no bailouts for a climate crisis, India on Thursday told developed nations not to cite the current financial crisis as an excuse to renege on their commitments to address global warming.
“There are no bailouts for a climate crisis. The financial crisis should not become an excuse for developed countries to renege on their commitments,” External Affairs Minister Pranab Mukherjee said here inaugurating the Delhi Sustainable Development Summit (DSDS).
“Climate change should also not be an excuse to add a greater burden or impose conditionalities onto the development challenges that developing countries face,” he said.
Noting that the response to the financial crisis demonstrated that the international community can work together, Mukherjee said climate change provided an unique opportunity for joint action.
“The large amounts of public funds that are being deployed to address the financial crisis is a testimony to the fact that we can, given the requisite political will, generate similar funds to tackle climate change,” he said.
“There are no bailouts for a climate crisis. The financial crisis should not become an excuse for developed countries to renege on their commitments,” External Affairs Minister Pranab Mukherjee said here inaugurating the Delhi Sustainable Development Summit (DSDS).
“Climate change should also not be an excuse to add a greater burden or impose conditionalities onto the development challenges that developing countries face,” he said.
Noting that the response to the financial crisis demonstrated that the international community can work together, Mukherjee said climate change provided an unique opportunity for joint action.
“The large amounts of public funds that are being deployed to address the financial crisis is a testimony to the fact that we can, given the requisite political will, generate similar funds to tackle climate change,” he said.
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