The text as it now stands is clearly unacceptable," Wopke Hoekstra, EU commissioner for climate action, told reporters at the conference. "There's not a single ambitious country who thinks this is nearly good enough.
There is nothing in-between and there's also not a number in the next finance text," Li Shuo, director of the China Climate Hub at the Asia Society Policy Institute, told DW.
Most attention has so far been focused on the funding goals included in the text. Known as the "Finance COP," a central aim of the two-week conference is for 200 countries to reach an agreement on a new funding target that would replace the current goal of $100 billion (about 95 billion) per year.
Developing countries want industrialized nations to commit to an undefined funding goal in the trillions of dollars from 2025 to 2035, "provided and mobilized from developed to all developing countries."
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