A draft text released Friday from the environmental negotiators at the U.N.’s COP29 climate alarmism summit would demand that wealthy nations commit to gifting poorer countries $250 billion a year between now and 2035.
Climate activists responded to the proposed contribution with outrage, claiming the sum is “paltry” and “a joke.”
COP29 — formally the Conference of Parties to the UN Framework Convention on Climate Change (UNFCCC) — is the 19th edition of the U.N.’s official assembly to discuss how to globally address the alleged climate crisis. It is currently taking place in Baku, Azerbaijan, and scheduled to conclude on Friday, though the disagreements over the provisions in the outcome text as it stands will “surely push this round of talks into the weekend,” according to the U.N.’s own news service.
The latest outrage is the sum that parties drafting the COP29 outcome text agreed to for wealthy countries to offer poorer countries to use to fight alleged climate change. As the U.N. news resource reported, COP29 drafters are hoping to come up with an amount of money for state parties to donate to poorer countries to meet a larger “global climate finance target” to prevent the alleged ongoing heating of the earth.
Environmentalists and representatives at COP29 of underdeveloped nations erupted in outrage in response to the news that the contributions expected would be $250 billion a year.
“The proposed target to mobilise $250 billion per year by 2035 is totally unacceptable and inadequate to delivering the Paris Agreement,” Amb Ali Mohamed, Kenya’s Special Envoy for chair of the African Group of Negotiators, told the leftist British newspaper the Guardian. “$250 billion will lead to unacceptable loss of life in Africa and around the world, and imperils the future of our world.”
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