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COP29 Wants $1 Trillion A Year For Developing Nations (which never develop)

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COP29 climate talks urged to find $1 trillion a year for poorer countries

Countries at the COP29 summit tried to make progress on how to raise up to $1 trillion in climate finance for the world’s most vulnerable, as political tensions overshadowed the talks and Argentina on Thursday pulled its delegation from Baku.

The success of this year’s U.N. climate summit hinges on whether countries can agree on a new finance target for richer countries, development lenders and the private sector to deliver each year. Developing countries need at least $1 trillion annually by the end of the decade to cope with climate change, economists told the U.N. talks.

Many countries have said that money is essential to their setting ambitious climate goals ahead of next year’s COP30 in Brazil.

But reaching a deal could be tough at this year’s summit, where the mood has been soured by public disagreements and pessimism about shifts in global politics.

All we need is 1 billion Warmists to pony up $1000 each and we are at a trillion. Certainly we can find that many in the first world who could do that, right? Heck, that number could be reduced if the Elites drop a million or more out of their own money, right? It really does give you an idea on how much money the climate cult wants from Other People, because these rich bigwigs at COP29 do not seems willing to give their own money.

The post COP29 Wants $1 Trillion A Year For Developing Nations (which never develop) appeared first on Pirate’s Cove.


Source: https://www.thepiratescove.us/2024/11/15/cop29-wants-1-trillion-a-year-for-developing-nations-which-never-develop/


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