Munich, Feb. 14 -- India has significantly increased its financial commitment to fighting climate change, with spending on climate action rising from 3.7 per cent of the Gross Domestic Product (GDP) six years ago to nearly 5.6 per cent today. Union Finance Minister Nirmala Sitharaman shared these figures while speaking at the 'Degrees of Instability: Climate Security in a Warming World' townhall in Munich, Germany, on Saturday.

She emphasised that India is not merely waiting for international aid but is proactively investing its own resources to meet environmental goals.

"India has increased its commitment to the climate action. We were at something like 3.7 per cent of our GDP six years ago... but today, we are somewhere close to 5.6 p...