Breakingviews - Rich countries and India should cut a climate pact

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Breakingviews - Rich countries and India should cut a climate pact
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From Breakingviews: Rich countries and India should cut a climate pact, says Hugodixon

and which is likely to figure prominently at the World Bank and International Monetary Fund’s spring meetings this week.The Group of Seven rich industrial nations has sought to interest India in a Just Energy Transition Partnership , following similar deals struck with Indonesia, Vietnam and South Africa. These pledged financing, partly to help retire coal power plants early.

India could then be much more ambitious in its transition plan and the G7 and other rich countries could mobilise funds, focussing on key bottlenecks.

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