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| Last Updated:23/05/2020

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Rich nations are penny-pinching: Prakash Javadekar

NEW DELHI: A week after conclusion of the Lima climate talks, India on Monday lamented that rich nations have failed to deliver adequately on the issue of finance and said the "goal of mobilizing 100 billion US dollars per year by 2020 is still a far cry".

READ ALSO: Lima deal saves climate talks, India satisfied

The concern was expressed by the Union environment and climate change minister Prakash Javadekar in his suo moto statement in Parliament on the Lima climate talks and India's position during the crucial negotiating rounds in the Peruvian capital.

Though Javadekar, who had led the Indian delegation at talks, expressed his satisfaction over the broad outcome of the Lima climate conference, he underlined the difficulties involved on the issue of finance where rich nations did not come up to expectation of the developing countries.