Sign In
Learn bits
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

More Related Current Affairs View All

20 Nov

Chancay port project in Peru

'Chinese President Xi Jinping inaugurated Peru’s Chancay Port  describing it as the starting point for a “new land-sea corridor between China and Latin America&rdq

Read More

20 Nov

The China emissions paradox

'Despite being the world’s second largest economy, China is considered a “developing” country by the United Nations, and is not mandated by the international clim

Read More

19 Nov

Grievance Redressal Assessment And Index (GRAI) 2023 Launched

'Union Minister of State (Independent Charge) Science & Technology; Dr Jitendra Singh has launched Grievance Redressal Assessment and Index (GRAI) 2023.' Grievance Redress

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps