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World Affairs, Ecology & Environment
Mahesh

26/10/22 21:38 PM IST

Like Minded Developing Countries (LMDC) Group

In News 
  • Recently, 18 Like-Minded Developing Countries (LMDC), who usually present a common front at climate negotiations issued a statement.
COP 27 
  • The COP 27 is scheduled to be held at Sharm El Sheikh in Egypt in November this year.
  • The LMDC statement reiterated about the inequity in fund allocations for global warming mitigation efforts.
  • The questions are being raised about the net zero emissions plans of several countries, and critics have alleged that these projects are a subterfuge for postponing immediate action.
  • There are fears that the Paris Plans’ target for a New Quantified Goal on Climate Finance could be delayed beyond 2025.
About LMDC 
  • It comprises of around 18 developing countries from Asia and other regions.
  • India is part of the LMDC grouping along with Egypt, Indonesia, Malaysia, Iran, Bangladesh, Sri Lanka, the Philippines and others.
  • It represents about 50 per cent of the world’s population. 
  • It usually presents a common front at climate negotiations.
Source- The Hindu

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