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Govt official slams COP29 as missed opportunity for climate finance goals

The article from Business Standard discusses a government official's critique of the upcoming COP29 climate conference, labeling it as a "missed opportunity" for advancing climate finance goals. The official highlighted the lack of progress in securing commitments for climate finance, which is crucial for developing nations to meet their climate targets. The critique comes at a time when there is increasing pressure on developed countries to fulfill their pledge of providing $100 billion annually to help poorer nations combat climate change. The official expressed disappointment over the slow pace of negotiations and the failure to establish a clear roadmap for climate finance, which could undermine global efforts to reduce emissions and adapt to climate impacts. This perspective underscores the ongoing challenges in international climate negotiations, particularly around the issues of funding and responsibility sharing.

Read the Full Business Standard Article at:
[ https://www.business-standard.com/india-news/govt-official-slams-cop29-as-missed-opportunity-for-climate-finance-goals-124120301259_1.html ]