Developing countries at UN COP-29 slam $300 billion deal to fund climate transition • FRANCE 24

While developing countries were expecting at least double that amount, the final draft agreement sets the contribution of developed countries at $300 billion a year.
#COP-29 #climate #agreement

[samedhaarora]

Chandni Raina is not the Indian Finance Minister... she works as an advisor for the indian Finance Ministry*... you see how a typo can change the meaning

[papigamerff]

The developed countries should keep their 300 billion dollars of change to themselves and solve the problem they caused on their own

[Akash-hqgs]

That lady isn’t India’s Finance minister is all I’m saying

[rajivkulshreshtha]

There are 130 developing countries participating in COP-29. If the $300 billion USD is divided equally among them, each country would receive only $2.31 billion USD, which is absurdly insufficient.

To put this into perspective, the 2022 floods in Pakistan alone caused damages estimated at nearly $30 billion USD.

[silvershroud]

Its a debt trap. 300b given as loan will make situation worst for poor countries

[Fasih_Mosharraf]

This is eight times lesser Then previous agreement😢

[Israel_wale_chacha]

FRANCE24 dumb news . she is not finance minister of REPUBLIC OF INDIA .

[loveisall]

Our developing countries ever satisfied by anything that the rest of us do? An alien arriving on this planet would be mystified to see why Africa is not the predominant continent.

[GaneshMishra-bfsw]

Aprox 40+ country are developed with more than 32+trillion economic gdp

150+ developing and poor country

300billion /160 country =1.87billion

[SpanishKnight]

$300 billion…per year. I think these developing countries should take what they can get.

[williamhenry]

Never enough of other peoples' money!!!

[drapedblack]

Why is that Indian finance minister bashing the agreement, I think India is a rich country?

[rajesh.khan]

Developed Countries should stop their industries and biggest polluters. Developing countries are not beggars.

[chipotlefanatic]

Invest in nuclear, hydro, wind, piers, ports etc. Empower global south countries and reinforce their trade markets. G7 countries want to trap them instead of liberate

[raviachoudhary]

Bruh, you don't need to give anything. Starlink like technology helps poor countries remove the obstacle of spreading optical fiber across their countries for internet, by default saving billions of dollars & time.

Same can't be said with electricity, water, roads, etc. All the developed countries should just focus on research & innovation, and it will help poor countries by reducing cost of the commodity.

[helensmith]

No real man or woman will submit to this egregious torture

[kiransv]

Developing nations need to withdrew from cop program.
Let it be. For us India 17% population and only emitting 4%. Where USA 4% population emitting more than 20% world carbon.

[dianarandall]

insane where are they getting the funds?? taxpayers $$$$

[makestank]

Sure, looks good sounds good... let's see the money.
But at the end of the day and this photo op conference 1.3 trillion is way better.

[MilenaBlazanovic-oqiy]

Enough with giving our money to the third world countries. We gave them enormous amounts so far in the last 50 years, why don't they develope yet!? Why are they still poor? Why not having 2 kids instead of 10 if you can't feed them?