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COP29: Why Leaders of Poor Countries Walked Out of Climate Change Conference


//business-finance.news-articles.net/content/202 .. ies-walked-out-of-climate-change-conference.html
Published in Business and Finance on Thursday, November 28th 2024 at 3:40 GMT by Bill Williamson   Print publication without navigation

  • COP29 sparked intense debates over climate finance. Developing nations have criticised pledges from wealthy countries as a joke. They want climate funding increased.

The article from Tuko.co.ke discusses the reasons behind the walkout by leaders from poor countries during the COP29 climate talks. These leaders, primarily from Africa, Latin America, and small island nations, left the negotiations due to dissatisfaction with the lack of progress on critical issues like climate finance and adaptation measures. They were particularly frustrated by the reluctance of wealthier nations to commit to substantial financial support for climate mitigation and adaptation in developing countries. The walkout was also a protest against the perceived inequity in the global response to climate change, where poorer nations, despite contributing the least to the problem, are expected to bear significant burdens without adequate support. This action highlighted the ongoing tensions between developed and developing nations regarding responsibility, funding, and action on climate change.

Read the Full Tuko Article at [ https://www.tuko.co.ke/business-economy/570584-explainer-leaders-poor-countries-walked-cop29-talks/ ]

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