The 2026 Bonn Climate Conference (SB64) focused on operationalizing the $300 billion NCQG, introducing a 35% global electrification target by 2035, and finalizing Article 6 carbon market rules. India fiercely defended CBDR-RC, opposing new obligations and demanding equitable, grant-based climate finance.
Click to View MoreIndia urgently demands equitable climate finance to bridge massive adaptation funding gaps. While the NCQG targets $300 billion annually, developing nations require $5-6 trillion by 2030. Achieving global climate justice necessitates transparent, grant-based capital and eliminating protectionist green trade barriers.
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