The financing plan, which calls for $300 billion per year in support for developing nations, was immediately assailed as inadequate by a string of delegates. Source link
India, along with other developing countries at COP29 called for fair and effective climate finance agreements to support global climate action. Representing the Like-Minded Developing Countries (LMDCs), India emphasised the need for equitable financial support from developed nations, spotlighting the burden placed on vulnerable economies. Negotiators have noted that around 69% of the climate finance currently […]
‘That number is looking at a global number that we believe the developed economy countries should be contributing to the developing economy countries,’ says the Minister of Forestry, Fisheries and the Environment. Source link
Here are five ideas for getting it back on track. Source link