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3 December 2015,

Cheap Finance For Climate Change – Analysis

Amit Bhandari's article 'Cheap Finance For Climate Change' was republished on Eurasia Review.

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India has gone into the Paris climate talks after having declared its Intended Nationally Determined Contributions (INDC). The key aspects of India’s INDCs are a higher share of non-fossil fuel energy (40%) and a reduced energy intensity of GDP—that is, less use of energy for the same economic output.

This is a positive and powerful change, and marks a departure from India’s argument in the past, which has focused on climate justice. India has so far said it should not have to pay to address a problem (climate change) largely created by the unchecked carbon emissions of developed countries and China.

Here is the full article on Eurasia Review.