NARRATIVE – In the absence of agreement on financing aid to poor countries, the prospect of failure is growing. The European Union must say how much it is prepared to pay to help developing countries, a key step in unblocking the negotiations.
Of the « sleight of hand »of the « accounting tips »more « no progress » real, regrets Michai Robertson, negotiator for the Alliance of Small Island States (Aosis), a group of countries that has become a key player in global climate conferences. What he sees and hears this year at COP29, in the windowless corridors of the Olympic stadium in Baku (Azerbaijan), depresses him: « We feel abandoned. »
Negotiators from around the world have until Friday evening to agree on financial aid for developing countries, in order to support them in the decarbonization of their economies and their adaptation to global warming. This “new quantified collective objective” (or “NCQG”) must replace the 100 billion annual dollars promised by rich countries between 2020 and 2025. But Tuesday evening, still no progress: some even regretted worrying setbacks , on discussions…
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