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COP28 India pushes renewables and $4 trillion climate finance but refuses coal phasedown pledge
India
Published on 24 April 2026
Tripling renewables and huge finance demand, yet coal talk stalls
At COP28, India is expected to build on G20 climate outcomes by backing faster renewable growth and calling for about $4 trillion annually in climate finance for developing countries. But it is unlikely to sign onto stronger coal phasedown pledges, setting up a tough negotiation as global targets tighten while India seeks flexibility for its energy transition.
- India will emphasize tripling global renewable capacity at COP28
- It is pushing for annual climate finance of around $4 trillion
- Coal phasedown commitments are unlikely to be supported by India
- Negotiations may hinge on funding versus near-term coal targets
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times