Negotiations for a new climate finance goal at COP29 in Baku hit a roadblock as developing countries, including the G77 and China, rejected proposals that they perceived as shifting the financial burden away from wealthy nations. The developing countries insist that developed countries should bear the primary responsibility for providing climate finance, as stipulated in the existing agreements. Negotiations for a new climate finance goal at COP29 in Baku hit a roadblock as developing countries, including the G77 and China, rejected proposals that they perceived as shifting the financial burden away from wealthy nations. The developing countries insist that developed countries should bear the primary responsibility for providing climate finance, as stipulated in the existing agreements. Economic Times
Headlines
