Thursday, December 5, 2024
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UN Negotiations are in Chaos as Underdeveloped Countries turn down a Draft Climate Funding Agreement

United Nations negotiations broke up into factions on Saturday when developing countries rejected what they described as insufficient funding to address climate change, leaving them splintered and directionless.

Negotiators moved from a single large room where they attempted to reach an agreement to a number of smaller gatherings of irate countries as workmen started to take down the equipment at the COP29 climate summit in Baku, Azerbaijan.

The conversation in the hallway veered between kicking the can till later in the year and hoping that shuttle diplomacy will close the gap. Most experts and negotiators had lost faith in the host president to complete the task.

According to reports from inside, the Azerbaijani government formulated a fresh rough draft of $300 billion after overwhelmingly rejecting the previous plan of $250 billion annually. This proposal was never formally made and roundly dismissed by small island governments and African countries. A delegation of negotiators from the Alliance of Small Island States and the Least Developed Countries bloc departed the room. The current arrangement is unacceptable to us. Evans Njewa, the chair of the LDC group, stated, “We need to consult with other developing nations and make a decision.

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Thursday, December 5, 2024

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