For over 15 years, the rich nations have committed to paying $100 billion each year to help the developing nations deal with climate change. While for long, there were only two categories in this discussion — the developed and developing — in the past few years, the rich nations have split the developing nations further into emerging economies and least developed countries. For over 15 years, the rich nations have committed to paying $100 billion each year to help the developing nations deal with climate change. If there’s a top priority, it’s for emerging countries to phase out carbon,” he said in his speech. Drastically cut their own emissions by 2030 and dramatically enhance funding with real money for the developing nations.

Source: The Nation December 03, 2023 08:43 UTC