COP29 Concludes in Overtime with $300 Billion Climate Finance Goal

  • 📰 gmanews
  • ⏱ Reading Time:
  • 7 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 68%

Environment Berita

COP29,Climate Change,Climate Finance

The United Nations Climate Change Conference COP29 concluded with late-night negotiations, introducing a new finance goal of $300 billion by 2035. The session faced drama and controversy, with some delegations exiting in protest over insufficient mitigation measures.

COP29 concluded at 5:31 a.m. on Sunday, significantly later than its scheduled end on Friday evening. The conference, dubbed the 'Finance COP', introduced a new finance goal of $300 billion by 2035. However, the process was marred by dramatic late-night negotiations and the unexpected exit of the Alliance of Small Island States (AOSIS) and the Least Developed Countries (LDCs) late on Saturday evening. They cited dissatisfaction with the lack of progressive steps in mitigation and funding.

The marathon session did not facilitate their demands and concluded with the adoption of the $300 billion climate finance goal

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 11. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

COP29 clinches $300 billion climate finance dealThe new goal is intended to replace developed countries' previous commitment to provide $100 billion per year in climate finance for poorer nations by 2020
Sumber: rapplerdotcom - 🏆 4. / 86 Baca lebih lajut »

COP29 clinches $300 billion climate finance dealLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Sumber: gmanews - 🏆 11. / 68 Baca lebih lajut »