New Delhi: More than 190 countries decided it would build up to a $100 billion kitty by 2020 to fight climate change globally but the Green Climate Fund looks set to remain an empty pot as the US and other developed countries have refused to commit the needed money or even set timelines for contributions.

In a meeting of the UN fund held in Berlin, the US and other developed countries refused to discuss a burden-sharing formula for contributions or set any calendar to schedule the initial funding. By December 2012, only $5.7 million was committed by the rich world to the fund. India was represented at the meeting by Dipak Dasgupta, principle economic advisor to the finance ministry.

This report examines the current role of climate finance in funding EE projects and the potential to channel funds to relevant EE projects in developing countries under the new Green Climate Fund (GCF).

Agreeing to a second commitment period without meaningful rules is pointless. Emission cuts must be ambitious

Doha marks the first stop on a roadmap to a post-2020 climate regime. The European Union could pave the way by building bridges with partners in key areas such as mitigation ambition, adaptation finance and deforestation.

The finance ministry has set up a unit dealing with the issue of financing climate change under the department of economic affairs.

The Adaptation Fund was established to fund specific projects that developing countries undertake in order to adapt to climate change. The Fund is now fully operational, and a number of projects are underway. In many ways, the Adaptation Fund is a model for other climate funds. Its own future is cast in doubt nonetheless. By Sven Harmeling and Alpha Oumar Kaloga.

From 2020 on, an annual $ 100 billion is to be made available to developing countries so they can adapt to climate change and mitigate the phenomenon. The long-term commitments of donor governments are fuzzy, however. So far, there are no coherent pledges for the next seven years. Saleemul Huq of the London-based International Institute for Environment and Development assessed matters in an interview with Hans Dembowski.

The government should set up a 'green fund' by imposing 5% forest development tax on sale of forest products and 3% forest conservation tax on sale of petroleum products and coal mining, the 12th F

The two-day 10th BASIC Ministerial Meeting of Brazil, South Africa, India and China on climate change, which concluded on Tuesday, expressed concern over the European Union’s decision to impose car

India will not sign any legally binding global agreement for emissions reduction, as the country needs to eradicate poverty through economic growth, Environment Minister Jayanthi Natarajan said tod