Mukhtar Babayev criticized developed countries for their insufficient financial commitments to poorer nations at Cop29, calling their late concessions nearly damaging to the negotiations.
China's president noted that the nation was ready to contribute more to climate finance, but only if other wealthy countries stepped up their own financial offerings.
The $300 billion agreed upon at Cop29 is said to be inadequate by developing nations, who feel the funding is accompanied by too many loopholes.
China's participation in Cop29, coordinating extensively with the G77 group, marked a clear contrast to the hesitance of western countries in committing necessary funding.
Collection
[
|
...
]