The Paris Agreement’s enhanced transparency framework places new and more stringent requirements on developing countries. For many countries, to implement these new requirements capacity-building support is vital.
The Union Cabinet has approved Submission of India's second Biennial Update Report (BUR) to the United Nations Framework Convention on Climate Change towards fulfilment of the reporting obligation under the Convention. The scope of BUR is to provide an update to India's first BUR to UNFCCC.
Article 2.1c of the Paris Agreement breaks new ground. It is the first time that the United Nations Framework Convention on Climate Change (UNFCCC) process has set a collective goal reflecting the full scale of effort needed on finance to successfully address climate change.