Developing nations are seeking $1.3 trillion to adapt to and recover from climate impacts, and transition to clean energy.
Activists participate in a demonstration for climate finance at the COP29 U.N. Climate Summit, Nov. 23, 2024, in Baku, Azerbaijan.November 23, 2024 10:44 AM EST
The “current deal is unacceptable for us. We need to speak to other developing countries and decide what to do,” Evans Njewa, the chair of the LDC group, said. When asked if the walkout was a protest, Colombia environment minister Susana Mohamed told The Associated Press: “I would call this dissatisfaction, highly dissatisfied."
After bidding one of his suitcase-lugging delegation colleagues goodbye and watching the contingent of about 20 enter the meeting room for the European Union, Panama chief negotiator Juan Carlos Monterrey Gomez had enough. Teresa Anderson, the global lead on climate justice at Action Aid, said that in order to get a deal, “the presidency has to put something far better on the table.”
On Saturday morning, Irish environment minister Eamon Ryan said it's not just about the number in the final deal, but “how do you get to $1.3 trillion.” “It is still not out of the question that there could be an inability to close the gap on the finance issue,” he said.
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