Developed countries funding climate resilience in developing nations to combat climate change.
Climate Finance is crucial for reducing the impacts of climate change in developing countries. International agreements like the Kyoto Convention and the Paris Agreement have led to developed countries providing funds to help combat climate change. In India, most climate finance comes from the public budget, but private sectors need to contribute more to meet targets. Climate insurance could be a useful tool for financing climate initiatives, but caution is needed when exploring this option.
