Cop29: wealthy countries agree to raise climate finance offer to $300bn a year

US climate envoy John Podesta, second from left, and deputy envoy Sue Biniaz, fourth from left, head into an elevator at Cop29 in Baku, Azerbaijan, on Saturday after the climate summit went past its scheduled finish time on Friday.US climate envoy John Podesta, second from left, and deputy envoy Sue Biniaz, fourth from left, head into an elevator at Cop29 in Baku, Azerbaijan, on Saturday after the climate summit went past its scheduled finish time on Friday.

Multiple sources said the EU and several members of the umbrella group of countries including the UK, US and Australia had indicated they could go to $300bn in exchange for other changes to a draft text released on Friday. Claudio Angelo, from Observatório do Clima in Brazil, said rich countries had “clearly arrived to ditch their obligations”. “After three years of negotiations the first time we ever saw quantum in the text was yesterday,” he said.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Countries must set aside differences and agree climate finance deal, says Cop29 negotiatorJochen Flasbarth called on Cop29 delegates to press on as world faces increasing crises and drop in solidarity
Herkunft: GuardianAus - 🏆 1. / 98 Weiterlesen »

Cop29: $250bn climate finance offer from rich world an insult, critics sayDraft text under fire as poor nations wanted more of the money to come directly from developed countries
Herkunft: GuardianAus - 🏆 1. / 98 Weiterlesen »