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Huge COP29 climate deal too little too late, poorer nations say

 Richer countries have promised to raise their funding to help poorer
countries fight climate change to a record $300bn (£238bn) a year, but the
deal has come under criticism from the developing world.

The talks at the UN climate summit COP29 in Azerbaijan ran 33 hours late, and came within
inches of collapse. The agreement falls well short of the $1.3tr developing
countries were pushing for. The African Group of Negotiators described the
final pledge as “too little, too late”, while the representative from India
dismissed the money as “a paltry sum”.

But after two weeks of often bitter
negotiations in the Azerbaijani capital, Baku, poorer nations did not stand
in the way of a deal. Five key takeaways from COP29 climate talks. The
promise of more money is a recognition that developing nations bear a
disproportionate burden from climate change, but also have historically
contributed the least to climate change.

 BBC 24th Nov 2024, https://www.bbc.co.uk/news/articles/cd0gx4przejo

November 27, 2024 - Posted by Christina Macpherson | climate change