Greta Thunberg, the well-known climate activist, criticizes the current draft of the COP29 climate meeting, calling it a disaster filled with false solutions and empty promises. She expresses frustration at the lack of action from those in power who she believes are agreeing to a “death sentence” for those affected by the climate crisis. Thunberg emphasizes the need for global collective action to address the climate emergency.
As negotiations at COP29 extend past the deadline, rich countries, including the EU, China, and the US, have agreed to increase the global financial offer to help developing nations tackle the climate crisis to $300 billion per year. Developing nations have expressed anger at the previous $250 billion offer, stating it is insufficient to address their needs for transitioning to a low-carbon economy and adapting to extreme weather events.
In the midst of these negotiations, OPEC met with Russia to discuss oil market developments and underline energy security. The COP29 conference has experienced delays with uncertain outcomes as the discussions on climate finance and transition away from fossil fuels continue. The need for urgent action on climate change is highlighted as countries struggle to reach a consensus on financial support for developing nations.
The conference, which was scheduled to end on Friday, has now entered overtime as countries grapple with the challenges of reaching a satisfactory agreement. As tensions rise and negotiations continue, the world watches to see if global leaders can come to a meaningful resolution to address the pressing climate crisis.
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