Developing countries will suffer the most from the effects of climate change while China dodges its responsibility for mitigating the effects of its emissions.
The world has gathered in Baku, Azerbaijan for the 29th Conference of the Parties to the U.N. Framework Convention on Climate Change . Countries at the conference came to an agreement on the Baku Climate Unity Pact, which commits developed countries to mobilize $300 billion per year to accelerate the global transition to clean energy. This amount is dwarfed by the estimated $1.3 trillion that developing countries need, and it is because major emitters like China have not stepped up.
Despite being one of the world's top two economies, the People's Republic of China won designation as a 'developing country' in the 2015 Paris Climate Agreement. This allows it to pay less toward mitigating climate change and potentially even gain access to international funds for that purpose.At COP29, the PRC continued to weaponize this designation by arguing that only developed countries should be obligated to contribute to climate finance.
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