COP29 Climate Summit: A Controversial Deal and Missed Opportunities
TL;DR Summary
The COP29 climate conference in Baku ended in disarray as developing nations and nonprofits rejected a $300 billion climate finance deal proposed by wealthy countries, demanding at least $1.3 trillion in grants instead. Key nations like India, Nigeria, and Bolivia opposed the agreement, citing insufficient funds and unmet promises. Civil society groups criticized the deal as a betrayal, highlighting the burden of debt it imposes on poorer countries. The conference faced additional controversies, prompting calls for reforming the COP process amid urgent climate challenges.
Topics:world#climate-change#climate-finance#cop29#developing-nations#environment#international-relations
- Developing Nations And Nonprofits Reject ‘Disaster’ COP29 Climate Deal Forbes
- Climate Diplomacy’s $300 Billion Failure The Atlantic
- The Immense Disappointment and Promise of The COP29 Climate Summit TIME
- UN Climate Change Conference Baku - November 2024 UNFCCC
- Here’s what to know about the new funding deal that countries agreed to at UN climate talks The Associated Press
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