top of page


Summit is being hosted by the USA and participated by forty countries including India, China, Russia.

  • Declaration by United states of America:

    • It will cut its greenhouse gas emissions by 50%-52% by 2030 relative to  2005 levels.

    • By 2024, it would double  its annual financing commitments to the developing countries, which is a part of a $100 billion a year commitment from developed countries to developing countries for the period 2020-25 under the climate summit.

    • By 2024, it will triple its funding to the adaptation fund

  • Significance of the announcement:

    • USA had earlier withdrawn itself from the Paris agreement and Leadership role in the climate front.

    • This announcement seems to be like a look back and ascertaining its leadership role again.

    • It will again improve the finances for the climate action, as withdrawal from Paris summit halted the promised $3 billion payment at $1 billion for the GREEN CLIMATE FUNDING

  • Advantages:

    • Climate action and clean technology will lead to the creation of jobs in the economy and the growth.

  • Announcement by India:

    • India  and the US will be launching a climate and clean energy Agenda 2030 partnership during the summit.

      • Aim: To mobilise investments, demonstrate clean technology and enable green collaborations which needs to decarbonise various sectors of the economy.

      • And also build capacity to measure, manage, and adapt to the risks of climate-related impacts

      • Two tracks:

        • Strategic clean energy partnership

        • Climate action and finance mobilization dialogue.

bottom of page