Climate Action and Finance Mobilization Dialogue (CAFMD) is an integral track of India-U.S. Climate and Clean Energy Agenda 2030 partnership that was launched at the Leaders’ Summit on Climate in April 2021, by Prime Minister Shri Narendra Modi and US President Mr Joseph Biden.
Climate Action and Finance Mobilization Dialogue (CAFMD) was launched formally by Union Minister of Environment, Forest and Climate Change Shri Bhupender Yadav and Mr John Kerry, U.S. Special Presidential Envoy for Climate (SPEC), at an event held in New Delhi.
“Taking forward the initiative by Prime Minister Shri @Narendra Modiji @POTUS at the Leaders’ Summit on Climate in April 2021, today both countries jointly launched the Climate Action and Finance Mobilization Dialogue of the Agenda 2030 Partnership,” Bhupender Yadav tweeted.
U.S. Special Presidential Envoy for Climate (SPEC) Mr Jhon Kerry lauded India’s leadership role in demonstrating how economic development and clean energy can go hand in hand and stated that urgent Global Climate Action is the need of the hour. He stressed that India and the US are working towards speedier deployment of clean energy.
In the bilateral meet, both sides talked over about climate issues relating to COP26, Climate Ambition, Climate Finance, Global Climate Initiatives including International Solar Alliance (ISA), Agriculture Innovation Mission for Climate (AIM4C).