At COP29, developing nations rejected what they called too little money to deal with climate change. They and United Nations reports say $1.3 trillion is needed.
Splintered and rudderless after developing nations rejected what they called too little money to deal with climate change, United Nations talks dissolved into factions Saturday. As workers began to dismantle the furnishings of the climate conference called COP29 in Baku, Azerbaijan, negotiators went from one big room where everyone tried to hash out a deal together into several separate huddles of upset nations.
On climate finance, Meyer said there is still hope that someone can bridge the gap between the separate parties, then hand the presidency a compromise on a sliver platter. If not, there are two possibilities, Meyer said. One is that the meeting could be adjourned temporarily until January — before President-elect Donald Trump takes power in the United States.
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