The conclusion of the 29th Conference of Parties (COP29) brings with it a blend of urgency, frustration, and a glimmer of hope for the Least Developed Countries (LDCs), Landlocked Developing Countries (LLDCs), and Small Island Developing States (SIDS). These nations, responsible for only a fraction of global greenhouse gas emissions, suffer
Tag: vulnerable nations
Why COP29 outcome is a bad deal for poor, vulnerable nations
The culmination of bitter, difficult, and challenging climate negotiations concluded with an announcement from the COP29 Presidency of Azerbaijan of the “agreement of the Baku Finance Goal—a new commitment to channel USD1.3 trillion of climate finance to the developing world each year by 2035.” This is on top of the
COP27: No decision yet on climate funding to vulnerable nations
No decision has been made yet over getting compensation for climate vulnerable countries, said Environment, Forest and Climate Change Minister Shahab Uddin."No decision has been made yet regarding the compensation to the vulnerable countries including Bangladesh, though Bangladesh and other countries are still hopeful that a decision about financial assistance