[www.telegraphindia.com/world/ind...](https://www.telegraphindia.com/world/indias-wish-at-cop29-600-billion-in-grant-based-climate-finance-from-developed-countries/cid/2064004)
Climate finance must have a strong focus on additionality and supporting developing country in transition. The prevalent approach of classifying anything and everything under the climate finance (pure commercial finance being classified as climate finance just because it flows into some of the climate relevant sectors) is not going to address the need of financing these transitions.
Many of the climate actions still do not have economics and business model to absorb these commercial high return seeking capital.
#climatefinance #COP29 #ClimateAction