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National News

The Times of India

National / The Times of India

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Indias climate spending rises to 5.6% of GDP, Sitharaman says at Munich

India has significantly boosted climate action spending, now at nearly 5.6% of GDP, up from 3.7% six years ago, demonstrating strong domestic commitment. Finance Minister Nirmala Sitharaman emphasized the need for adaptation alongside emission cuts and advocated for a polluter pays principle in global climate finance, highlighting India's own substantial investments in renewables and carbon capture.

14 Feb 2026 8:35 pm