Bonn Climate Talks Close, Climate Finance Still a Stumbling Block
Developed countries don’t want to talk about climate finance. This reveals 'real fault lines in climate change negotiations,' experts say
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Developed countries don’t want to talk about climate finance. This reveals 'real fault lines in climate change negotiations,' experts say
Pressure to speed cuts in carbon pollution took a back seat at UN climate talks that ended late Thursday night, as emerging economies, including China, demanded that rich ones vastly scale up climate financing.
Pressure to speed cuts in carbon pollution took a back seat at UN climate talks that ended late Thursday night, as emerging economies, including China, demanded that rich ones vastly scale up climate financing. A long-standing tug-of-war at UN climate talks pits the European Union against a powerful negotiating bloc: the Like-Minded Developing Countries (LMDC), which includes China, India and Saudi Arabia.
Pressure to speed cuts in carbon pollution took a back seat at U.N. climate talks that ended late Thursday night, as emerging economies, including China, demanded that rich ones vastly scale up climate financing. The stand-off over 10 days of technical negotiations in Bonn stymied progress across a raft of…
The two-week mid-year UN climate talks held in Germany's Bonn ended on Thursday without finding a resolution to the dispute between developed and developing countries over finance. The developed nations emphasised the urgent need for mitigation measures, while the developing countries demanded adequate financial support to reduce emissions and adapt to the impacts of climate change.