$300bn climate finance deal for developing countries unrealistic, says Nkiruka Maduekwe

  • 📰 thecableng
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

Nkiruka Maduekwe, director-general of the NCCC, has expressed dissatisfaction over the climate finance deal for developing countries.

On Sunday, world leaders at the UN conference of parties (Developing countries have been vocal about their demand for a $1.3 trillion funding to support their adaptation goals.

The DG stated that $300 billion deal is “unrealistic” to adequately support the climate action plans of developing countries.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

COP29 ends with contentious $300bn a year climate finance deal for developing nationsWorld leaders at the UN conference of parties (COP29) have finally agreed on a new finance deal of $300 billion after days of intense negotiations.
Source: thecableng - 🏆 2. / 80 Read more »

Nigeria Rejects COP29 Climate Finance Deal as 'Unrealistic'Nigeria, a member of the least developed countries (LDCs) group, criticized the COP29 climate finance deal for failing to meet the expected annual commitment of $300 billion from wealthy nations. The country's focal person, Nkiruka Maduekwe, called the deal 'unrealistic' and an 'insult' to the UN framework convention on climate change.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Akwa Ibom: Business owners, commuters count losses as Calabar-Itu Road remain closedBusiness owners and residents of Calabar-Itu Road, Uyo, Akwa Ibom State and its environs are counting their losses as the road remains closed to traffic for over five months.
Source: DailyPostNGR - 🏆 11. / 59 Read more »