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Pouch for COP29: pennies are not enough to fight climate change

In the week of France, 24 leaf fall, the participants of the COP29 climate summit have reached their destination. To fight against climate change, rich countries will give pennies to the poor powers, but they are not enough.

RBC-Ukraine reports this from a post on Politico.

The document appeared after several days of public and closed mutual communications, as well as transfers between at least 200 countries represented on the border of the Caspian Sea.

As of Saturday, the largest economic powers, including the USA, Britain, the EU and China, were arguing about which countries will receive the money. After this, the great rich countries were able to increase their position by 250 billion dollars.

As a result, it was said that the rich countries were ready to put no less than 300 billion dollars on right up to 2035, to help poor countries fight against climate change.

Prote, as Politico writes, a minimum of 300 billion dollars – the price is far less than trillions dollars that are needed poor and flooded regions, in order to withstand the steady growth of the sea level, as well as storms, dry spells and winds, which are likely to emerge from detailed analyzes.

Find other ways to get these treasures. For example, private capital and trading in carbon credits, the rules of which also reached the remaining land on Saturday. However, representatives of poor and affluent countries such as Malawi, the Marshall Islands and the Maldives said that this amount is simply not enough to meet their needs.

“We have shown the greatest display of opportunism here, in this climatic climate. We are coming with a small part of the funding that is urgently required by the climate spillover in the region. This is far from enough, but just the beginning,” said Tina Walls, special representative of the Marshall Islands for climate change.

Financial benefit is also accompanied by a lot of uncertainty until the remaining amount has to be paid, no matter how rich the country is. It is believed that the newly elected President Donald Trump, who calls climate change a hoax, is preparing to take over from Washington.

At the same time, the EU, which is already the largest donor bloc, is expected to he will have to take on most of the burden, leaving the fate of the United States to quickly pass.

Politico reported that the favor of the government was indicative of the cleanups established at the UN Department of the last year.

It is guessed that on leaf fall Service zi Caution for climate change programs “Copernicus” (C3S) EC stated that 2024 river may well surpass 2023 river and will become the warmest fate in the history of caution.

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