COP29: Pay up or face climate-led disaster for humanity, warns UN chief

Quick Summary:

After victory for Donald Trump, a climate change denier, in the US presidential election, President Joe Biden will not attend.

But on the day of the summit designed to bring together world leaders and generate political momentum for the marathon negotiations, many of the leading players were not present to hear Guterres' message.

That success was marred by a row over the summit priorities - a procedural tug-of-war that pitched European and small island countries against the Arab group of nations on how prominent the future of fossil fuels should be on the agenda.

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Category: BusinessFinance

Markets: IndiaAzerbaijanSpain

Topics: COP29 Economic fallout UN climate chief Climate action Antonio Guterres

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 23:50:48 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 587 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 30 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23557948

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