New Delhi, April 28 -- India has flagged "mitigation ambition gap" by developed countries in its climate plan for the 2031-35 period submitted to the United Nations Framework Convention on Climate Change, pointing out that achieving the targets laid out in this, for India and other developing countries, is contingent on the availability of adequate climate finance. HT reported on March 26 that the Cabinet has approved enhanced climate targets for the 2031-2035 period under the Paris Agreement, raising its commitments on emissions, clean energy, and forests at a time when the United States has withdrawn from the global climate framework and several developed nations are scaling back ambition. Specifically, India has committed to three quantitative goals: achieving around 60% cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2035, with the help of transfer of technology and low-cost international finance ; reducing emissions Intensity of its GDP by 47% by 2035, from 2005 level and ; creating a carbon sink of 3.5 to 4.0 billion tonnes of CO2 equivalent through forest and tree cover by 2035 as compared to the baseline year of 2005. But in its formal submission to UNFCCC, India has also highlighted the exacerbation of global warming due to an inadequate response by developed countries. Without sufficient funding, technology cooperation, and capacity-building, these conditional commitments cannot be fulfilled and hence weaken the collective objectives of the Paris Agreement, it has said. The NDC notes that recent data from the Second Needs Determination Report (UNFCCC SCF 2024) indicates a significant escalation in the financial resources required by developing countries for implementing NDCs. The updated estimates project a cumulative financing need ranging from $ 5.012 trillion to $ 6.852 trillion by 2030. This implies an annual mobilization requirement of approximately $ 455-584 billion between 2019 and 2030. "These figures underscore the critical imperative for scaled-up international support to match the implementation ambitions of developing nations.the enhancement of ambition, particularly for developing countries such as India, is closely linked to the effective provision of means of implementation, including predictable, adequate, and accessible climate finance," the document states. Further, India has articulated that India's NDC is guided by the vision of Vikshit Bharat by 2047....