United Nations, Nov 30: UN Chief Ban Ki-moon has asked developed nations to keep their pledge to provide USD 100 billion a year by 2020 to support concrete mitigation actions by the developing countries.
He also underlined the need for a durable universal deal to address rising green house gas emissions.
Developed countries must keep their pledge to provide USD 100 billion a year by 2020. All concerned – both developed and developing countries — must be part of a consultative, politically credible process for defining the USD 100 billion trajectory,” he said.
He also said the Paris agreement must provide for credible means of implementation, including climate financing.
The industrialised nations had earlier committed to long term financing support in form of a green climate fund worth USD 100 billion a year to support concrete mitigation actions by the developing countries.
