Activists with banners and flags demand that rich countries help developing nations tackle global warming, during the UN Climate Change Conference (COP29) in Baku, Azerbaijan, on November 21, 2024. In the end -- despite repeating that "no deal is better than a bad deal" -- developing nations did not stand in the way of an agreement. It falls short of the $390 billion that economists commissioned by the United Nations had deemed a fair share contribution by developed nations. "It's a betrayal of both people and planet, by wealthy countries who claim to take climate change seriously." The final deal "encourages" developing countries to make contributions on a voluntary basis, reflecting no change for China, which already provides climate finance on its own terms.

Source: Daily Nation November 24, 2024 07:56 UTC