India has called for urgent action to address the diminishing climate finance and widening adaptation finance gap during the ongoing UN climate negotiations in Bonn, Germany. In its statement at the 64th session of the UNFCCC Subsidiary Bodies, delivered by Harkeerat Randhawa from the Ministry of External Affairs, India emphasized the necessity for a dedicated agenda space to discuss the Paris Agreement's provisions that obligate developed nations to provide financial support to developing countries. India aligned its position with the Group of 77 and China, the Like-Minded Developing Countries, and the BASIC bloc, advocating for equity and historical responsibility in climate negotiations. The Bonn meeting, running from June 8 to 18, is crucial for drafting decisions ahead of the upcoming COP31 summit in Turkey. Key agenda items include the Global Goal on Adaptation and the Just Transition Work Programme. India also expressed concerns regarding unilateral trade measures like the EU's Carbon Border Adjustment Mechanism, urging that the facilitative nature of the Mitigation Work Programme be maintained, and that no new obligations beyond existing mandates be introduced. The country seeks to operationalize the Just Transition Mechanism based on equity and Common But Differentiated Responsibilities.