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The five-page document emphasises the need for developed nations to take the lead in providing climate finance to developing countries, as it is perceived to be a significant step towards addressing the climate crisis and promoting sustainable development. Many of them expressed deep concern that the draft did not clearly outline the specific financial commitments that wealthier nations are expected to make annually to support poorer countries in enhancing their adaptation measures.Support journalism driven by facts, created by Nigerians for Nigerians. Our thorough, researched reporting relies on the support of readers like you.
“No one is comfortable with the number, because it’s high and next to nothing on increasing the contributor base,” the negotiator was quoted as saying.
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