{"id":129468,"date":"2024-11-24T08:09:32","date_gmt":"2024-11-24T01:09:32","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=129468"},"modified":"2024-11-24T08:09:32","modified_gmt":"2024-11-24T01:09:32","slug":"cop29-climate-talks-get-a-deal-on-money-but-only-after-a-fight","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=129468","title":{"rendered":"COP29 Climate Talks Get a Deal on Money, but Only After a Fight"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Negotiators at this year\u2019s United Nations climate summit struck an agreement early on Sunday in Baku, Azerbaijan, to triple the flow of money to help developing countries adopt cleaner energy and cope with the effects of climate change. Under the deal, wealthy nations pledged to reach $300 billion per year in support by 2035, up from a current target of $100 billion.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Independent experts, however, have placed the needs of developing countries much higher, at $1.3 trillion per year. That is the amount they say must be invested in the energy transitions of lower-income countries, in addition to what those countries already spend, to keep the planet\u2019s average temperature rise under 1.5 degrees Celsius. Beyond that threshold, scientists say, global warming will become more dangerous and harder to reverse.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The <a class=\"css-yywogo\" href=\"https:\/\/unfccc.int\/documents\/643641\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">deal struck here at the annual U.N.-sponsored climate talks<\/a> calls on private companies and international lenders like the World Bank to cover the hundreds of billions in the shortfall. That was seen by some as a kind of escape clause for rich countries.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">As soon as the Azerbaijani hosts banged the gavel and declared the deal done, Chandni Raina, the representative from India, the world\u2019s most populous country, tore into them, saying the process had been \u201cstage managed.\u201d<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">\u201cIt is a paltry sum,\u201d Ms. Raina said. \u201cI am sorry to say that we cannot accept it. We seek a much higher ambition from developed countries.\u201d She called the agreement \u201cnothing more than an optical illusion.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Speakers from one developing country after another, from Bolivia to Nigeria to Fiji, echoed Ms. Raina and assailed the document in furious statements.<\/p>\n<div class=\"css-1336jj\">\n<div class=\"css-121kum4\">\n<div class=\"css-asuuk5\"><noscript><\/p>\n<div class=\"css-7axq9l\" data-testid=\"optimistic-truncator-noscript\"><svg width=\"24\" height=\"24\" viewbox=\"0 0 24 24\" aria-hidden=\"true\" class=\"css-1b5b8u1\"><path fill=\"currentColor\" fill-rule=\"evenodd\" d=\"M2.5 12a9.5 9.5 0 1 1 19 0 9.5 9.5 0 0 1-19 0Zm8.5 1.75v-7.5h2v7.5h-2Zm0 2v2h2v-2h-2Z\" clip-rule=\"evenodd\"\/><\/svg><\/p>\n<div data-testid=\"optimistic-truncator-noscript-message\" class=\"css-6yo1no\">\n<p class=\"css-3kpklk\">We are having trouble retrieving the article content.<\/p>\n<p class=\"css-3kpklk\">Please enable JavaScript in your browser settings.<\/p>\n<\/div>\n<\/div>\n<p><\/noscript><\/p>\n<div class=\"css-1dv1kvn\" id=\"optimistic-truncator-a11y\" tabindex=\"-1\">\n<hr\/>\n<p>Thank you for your patience while we verify access. 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