India on Sunday rejected the new climate finance package of a meagre USD 300 billion annually by 2035 for the Global South at the UN climate conference here, calling it "too little and too distant".
The USD 300 billion figure is a far cry from the USD 1.3 trillion the Global South has been demanding over the past three years of talks to tackle climate change.
Making a statement on behalf of India, Chandni Raina, Adviser, Department of Economic Affairs, said they were not allowed to speak before the adoption of the deal, undermining their trust in the process.
"In continuation of several such incidents of not following inclusivity, not respecting country positions... We had informed the presidency, we had informed the secretariat that we wanted to make a statement prior to any decision. However, this is for everyone to see, this has been stage-managed. We are extremely disappointed," she said.
"The goal is too little, too distant," Raina said, asserting that it is set for 2035, whic