Can Pay, Won’t Pay—COP29 Outcome Far from Promised Historic Deal of a Lifetime

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25 November 2024, 08:15

BAKU, Nov 24 (IPS) - They say it is taboo to talk about money. But this is exactly what developing countries came for: to haggle and push for the climate finance deal of a lifetime, as the climate crisis is, for them, a matter of life and death. Wealthy nations also came for their own deal of a lifetime—to hoist the climate finance burden on the private sector as they take the bare minimum financial responsibility.

Read the full story, “Can Pay, Won’t Pay—COP29 Outcome Far from Promised Historic Deal of a Lifetime”, on globalissues.org →