How has the finance deadlock affected COP29
The finance deadlock has pushed COP29 to the brink of failure.
- Delays in reaching agreements on financial commitments have hindered progress at COP29.
- Lack of funding commitments has impeded the implementation of climate action plans and projects.
- Developing countries, which rely on financial support to mitigate and adapt to climate change, are disproportionately affected by the deadlock.
- The inability to secure adequate finance jeopardizes the overall success of COP29 and undermines trust among parties.
- Without sufficient financial resources, efforts to curb emissions and address climate-related challenges may fall short, leading to serious consequences for global climate goals.
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5 months ago