Current Context : At COP-30 in Belém, Brazil, India and other developing countries pushed to bring Article 9.1 back at the center of negotiations.
About Article 9.1
- Core Principle: Developed countries shall provide financial resources to assist developing countries in mitigation and adaptation.
- Basis: Anchored in the principle of Common but Differentiated Responsibilities (CBDR) and historical responsibility.
- Significance: Ensures climate justice by placing the responsibility of financing on developed countries.