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Recently, most of the developing nations like China, India and African countries, have asked around US $1.3 trillion per year from wealthy countries in climate finance which will start from 2030.
Like Minded-Group of Developing Countries (LMDC)
LMDC is a group of developing countries, organised as a block negotiator in international organizations like United Nations and World Trade Organization. LMDC represent about 50% of the world’s population. Member countries of the Like-Minded Group include Bangladesh, Algeria, Bhutan, Belarus, Cuba, China, India, Egypt, Iran, Indonesia, Malaysia, Nepal, Myanmar, Sri Lanka, Pakistan, the Philippines, Syria, Sudan, Vietnam, and Zimbabwe.
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