India will not sign any legally binding global agreement for emissions reduction, as the country needs to eradicate poverty through economic growth
There is no question of signing a legally binding agreement at this point of our development. We need to make sure that our development does not suffer.
The Green Climate Fund, a decision was taken at the Conference to set up a USD 100 billion corpus which would start operations soon with an interim secretariat and a Board.
"The fund will help a large number of vulnerable countries in taking effective mitigation and adaptation actions. India played a facilitating role in Durban in ensuring that the Fund is established,