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Environment & Ecology June 09, 2026 4 min read Daily brief · #5 of 14

India pushes for dialogue on climate finance, adaptation at Bonn climate talks

At the 64th session of UNFCCC Subsidiary Bodies (SB64), held in Bonn, Germany from June 8–18, 2026, India actively engaged in negotiations on climate finance...


What Happened

  • At the 64th session of UNFCCC Subsidiary Bodies (SB64), held in Bonn, Germany from June 8–18, 2026, India actively engaged in negotiations on climate finance and adaptation.
  • India associated itself with positions taken by G-77 and China (134-member developing country bloc), Like-Minded Developing Countries (LMDC), and the BASIC bloc (Brazil, South Africa, India, China).
  • India argued that developed countries must honour their legal obligation under Article 9.1 of the Paris Agreement to provide climate finance to developing nations.
  • India highlighted that the adaptation finance gap is 10 to 18 times current public flows.
  • India stated that developing nations need USD 5 to 6 trillion by 2030 to implement their Nationally Determined Contributions (NDCs).
  • India opposed any attempt to introduce "new issues and obligations beyond agreed mandates" into the UNFCCC negotiating tracks.
  • Key issues at SB64 include operationalising the NCQG, the Mitigation Work Programme, the Global Goal on Adaptation, and concerns about Carbon Border Adjustment Mechanism (CBAM) from the EU.

Static Topic Bridges

UNFCCC Subsidiary Bodies — SBSTA and SBI

The UNFCCC Subsidiary Bodies are permanent expert bodies that support the Conference of Parties (COP). They meet twice a year — once mid-year at Bonn and once alongside COP.

  • SBSTA (Subsidiary Body for Scientific and Technological Advice): Provides scientific and methodological guidance, coordinates with IPCC, oversees technology transfer.
  • SBI (Subsidiary Body for Implementation): Reviews parties' implementation of commitments, reviews financial and administrative matters.
  • SB64 (Bonn, June 2026) serves as the preparatory meeting for COP31, to be held in Belem, Brazil in late 2026.
  • The Bonn sessions are critical for resolving technical and procedural disputes before the political COP meetings.

Connection to this news: India's positions at SB64 — on finance obligations, adaptation, and avoiding new mandates — will shape its negotiating posture at COP31 and the ongoing operationalisation of post-COP29 commitments.


New Collective Quantified Goal (NCQG) on Climate Finance

The NCQG was agreed at COP29 (Baku, November 2024) as a replacement for the earlier $100 billion per year goal (which expired in 2025). It establishes a new climate finance architecture.

  • The NCQG sets a core goal of USD 300 billion per year by 2035 for developed countries to mobilise for developing nations.
  • A broader aspirational target calls for scaling up to USD 1.3 trillion per year by 2035 from all public and private sources.
  • The NCQG replaces the $100 billion goal that developed countries committed to at Copenhagen (2009) and repeatedly failed to meet transparently.
  • Developing countries, including India, have argued that $300 billion is insufficient given the scale of climate action required, and that the $1.3 trillion target must be binding, not aspirational.

Connection to this news: India's push at SB64 for clarity on climate finance obligations directly concerns the operationalisation of the NCQG — specifically, the definitions of what counts as "climate finance," which sources qualify, and accountability mechanisms.


Loss and Damage Fund

The Loss and Damage Fund was established at COP27 (Sharm el-Sheikh, 2022) and formally operationalised at COP28 (Dubai, 2023). It addresses climate impacts that cannot be adapted to or mitigated.

  • The fund is hosted by the World Bank on an interim basis for four years.
  • It covers irreversible climate impacts such as sea-level rise, glacier melt, and extreme weather events in developing countries.
  • As of SB64, capitalisation remains far below what developing nations consider adequate.
  • The BASIC bloc has consistently advocated for adequate, predictable, and grant-based Loss and Damage finance.

Connection to this news: India's alignment with BASIC and G-77+China at SB64 includes pushing for adequate capitalisation and accessible Loss and Damage finance alongside the NCQG negotiations.


BASIC Bloc and G-77+China — India's Negotiating Coalitions

  • BASIC bloc (Brazil, South Africa, India, China): Formed in 2009 ahead of the Copenhagen COP15. Coordinates positions on equity, common but differentiated responsibilities (CBDR), and finance obligations of developed countries.
  • G-77+China: The largest developing country negotiating bloc at UNFCCC, comprising 134 members. India is a founding member. Advocates for climate justice and adequate finance flows.
  • LMDC (Like-Minded Developing Countries): Includes India, China, Saudi Arabia, and others. Takes a stricter line on maintaining the developed/developing country binary under the UNFCCC framework.
  • These coalitions give India negotiating weight disproportionate to its individual position, amplifying collective demands for finance and equity.

Connection to this news: India's simultaneous alignment with G-77+China, LMDC, and BASIC at SB64 signals a unified developing-country front on climate finance accountability — resisting any reframing that dilutes developed-country obligations.

Key Facts & Data

  • SB64 dates: June 8–18, 2026, Bonn, Germany
  • Blocs India aligned with: G-77+China (134 members), LMDC, BASIC (Brazil, South Africa, India, China)
  • BASIC formed: 2009, ahead of Copenhagen COP15
  • NCQG core target: USD 300 billion/year by 2035 (developed countries)
  • NCQG broader aspiration: USD 1.3 trillion/year by 2035 (all sources)
  • Replaced goal: USD 100 billion/year (committed 2009 Copenhagen, expired 2025)
  • Loss and Damage Fund: Established COP27 (2022), operationalised COP28 (2023)
  • Adaptation finance gap: 10–18 times current public flows (India's estimate at SB64)
  • NDC implementation cost (developing countries): USD 5–6 trillion by 2030
  • Paris Agreement Article 9.1: Developed countries shall provide climate finance to developing country parties
  • Next COP: COP31, Belem, Brazil, November 2026
On this page
  1. What Happened
  2. Static Topic Bridges
  3. UNFCCC Subsidiary Bodies — SBSTA and SBI
  4. New Collective Quantified Goal (NCQG) on Climate Finance
  5. Loss and Damage Fund
  6. BASIC Bloc and G-77+China — India's Negotiating Coalitions
  7. Key Facts & Data
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