After two exhausting weeks of chaotic bargaining and sleepless nights, nearly 200 nations banged through the contentious finance pact in the early hours in a sports stadium in Azerbaijan.But the applause had barely subsided in Baku when India delivered a full-throated rejection of the dollar-figure just agreed.'The amount that is proposed to be mobilized is abysmally poor. It's a paltry sum,' said Indian delegate Chandni Raina.
That is up from $100 billion under an existing pledge but was slammed as offensively low by developing nations who had demanded much more.'This COP has been a disaster for the developing world,' said Mohamed Adow, the Kenyan director of Power Shift Africa, a think tank.'It's a betrayal of both people and planet, by wealthy countries who claim to take climate change seriously.
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Source: MlaStandard - 🏆 20. / 55 Read more »