Heated negotiations on a global climate deal were set to spill into Saturday after developing nations rejected an initial $250 billion offer from rich countries to help them tackle global warming. COP29 hosts Azerbaijan said negotiations would drag 'throughout the night' in the Caspian Sea city Baku to produce a final text.
Closure of entire country exposes Govt’s frustration: GandapurHeated negotiations on a global climate deal were set to spill into Saturday after developing nations rejected an initial $250 billion offer from rich countries to help them tackle global warming.
"It is shameful to put forward texts like these," said Tina Stege, climate envoy for the Marshall Islands, an atoll nation threatened by rising seas. "$250 billion will lead to unacceptable loss of life in Africa and around the world, and imperils the future of our world," he said. Germany, a longtime leader on climate where elections are due next year, said governments could not meet these costs alone, and debt restructuring and other financial tools would need to play a part.
These same economists said Friday that $250 billion was"too low and inconsistent" with globally agreed goals to keep climate change in check."From Africa, where I come from, what we are saying is... no deal is better than a bad deal," he said. China, which remains classified as a developing nation under the UN framework, provides climate assistance but wants to keep doing so on its own voluntary terms.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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