UN climate talks in Baku reach compromise on $300 billion annual climate funding deal

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UN climate talks in Baku reach compromise on $300 billion annual climate funding deal - Business Mirror

Quick Summary:

BAKU, Azerbaijan—United Nations climate talks adopted a deal to inject at least $300 billion annually in humanity’s fight against climate change, aimed at helping developing nations cope with the ravages of global warming in tense negotiations.

When they did they blasted him for being unfair to them, the deal for not being enough and the world’s rich nations for being too stingy.“It’s a paltry sum,” India negotiator Chandni Raina said, repeatedly saying how India objected to rousing cheers.“I’m sorry to say we cannot accept it.

With this deal wrapped up as crews dismantle the temporary venue, many have eyes on next year’s climate talks in Belem, Brazil.(Associated Press journalists Ahmed Hatem, Olivia Zhang, Aleksandar Furtula and Joshua A.