News Formal

UPDATED: COP29 draft calls for $250bn climate finance from wealthy nations

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 78%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The new draft emphasises the need for developed nations to take the lead in providing climate finance to developing countries.

Nigerian lawmakers violate country’s law, ignore PWD’s needs despite spending N42 billion on renovationsSPECIAL REPORT: How disinformation fueled ethnic tensions in KadunaStruggle for Palestinian statehood: The defining liminal moment of our time, By Yusuf M.

The recent development occurred just 24 hours after the release of a 10-page draft on Thursday, which drew significant criticism from negotiators and delegations representing the Global South. “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.Following the latest draft text released Friday afternoon by the COP29 presidency, several

“Now it’s time for rich nations to step up. It’s as simple as that. Rich nations have not yet shown the courage they need to show to deliver on the debt they owe for the climate crisis they have caused,” she said.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

COP29 proposes $250bn annual climate finance for developing countriesA new text draft released at the ongoing COP29 on climate finance has proposed a $250 billion commitment from developed countries to the global south.
La source: thecableng - 🏆 2. / 80 Lire la suite »

COP29: Enhancing Nigeria’s climate finance transparency to attract funding, By Hamzat LawalPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
La source: PremiumTimesng - 🏆 3. / 78 Lire la suite »

COP29: Climate finance goal reach critical stage in final weekThe 29th UN Climate Change Conference (COP29) in Baku, Azerbaijan, has entered its critical second and final week with negotiations intensifying around climate finance — the cornerstone issue of this year’s ‘Finance COP’.
La source: thecableng - 🏆 2. / 80 Lire la suite »

COP29: Nigeria developing framework for participation in carbon market, says ministerBalarabe Lawal, minister of environment, says Nigeria is developing a new carbon market registry, to reduce the country’s emission footprint.
La source: thecableng - 🏆 2. / 80 Lire la suite »