Funding theme
Which Western climate activist will be the first to ask how the climate can be improved by Western tax money being used to finance "poor" countries leaders construction of larger villas with larger infinity pools and the purchase of larger SUVs than they already have?
200 billion? "A joke!" Poor countries drew applause and laughter at a press conference after the sluggish negotiations. Spokespeople from the G77/China, the Africa Group and the LMDC group called the bid to raise the target for climate finance from today's $100 billion to just $200. The demand from poor countries is 1300 billion a year by 2030. Watch the feature on SVT News.
Dissatisfaction from poor countries at COP29 regarding climate finance. A solution to the most important issue at the COP29 climate summit still seems far away – with only three days left. A new target for climate finance divides poor and rich countries. Reports that the EU sees $200-300 billion as a reasonable goal are causing anger among developing countries, which are demanding at least $1000 billion.
What do poor countries want to do with the climate money? Watch the feature on SVT News.