The negotiations to organize for the subsequent COP29 promise to be difficult

by time news

2024-05-30 16:15:13

INTRODUCTION – Whereas the brink of $100 billion to finance local weather motion has lastly been handed in line with the OECD, the long run could be very unsure.

Two years later, developed international locations have collected $115.9 billion in 2022 to finance local weather motion within the poorest international locations, in line with an OECD research printed on Thursday. This aim was set in 2009, in Copenhagen (Denmark), throughout COP15, the fifteenth United Nations convention on local weather change.

« It’s good that developed international locations have exceeded the primary aim in 2022. Via greater than 15. % their annual dedication, they’ve achieved one thing vital and symbolic, which is partially compensation for the two-year delay they’ve taken. », mentioned Mathias Cormann, Secretary Basic of the OECD. He urged the richest international locations to proceed their efforts. « That is comparatively excellent news. As a result of if the efforts are maintained on the present degree, will probably be doable to substantiate within the subsequent yr that we have now achieved for the suspension of the promised funding. Additionally, it is very important notice that international locations…

This text is reserved for subscribers. You may have 79% left to discover.

Flash gross sales

1 € per thirty days for 3 months. With out engagement.

Already subscribed? Take a look at the home

#negotiations #put together #COP29 #promise #difficult

You may also like

Leave a Comment