Wednesday 27 Nov
French Minister for the Ecological Transition Agnès Pannier-Runacher expressed her disappointment that the agreement reached last Sunday at the 29th Conference of the Parties (COP29) in Azerbaijan was 'disappointing' and 'not up to the challenges.'
In a statement, she expressed disappointment, noting that despite "a lot of progress," including a tripling of funding for vulnerable countries threatened by climate change, "the text on financing was adopted in an atmosphere of confusion and was objected to by a number of countries," according to Agence France-Presse.
In contrast, German Foreign
Minister Annalena Baerbock defended the UN climate conference's decision to
provide additional financial aid to poor countries. This comes despite
expressions of disappointment and harsh criticism from those countries, one of
whose representatives described the agreement as a "joke" and an
"insult," according to the German news agency DPA.
Speaking before the plenary session in Baku, the capital of Azerbaijan, Baerbock acknowledged, "We know that our decisions alone will not be enough to meet all needs." She added, "For this reason, we supported the vision of increasing funding for developing countries to 1.3 trillion dollars."
It should be noted that of the total 1.3 trillion dollars agreed to be provided annually until 2035, industrialized countries will contribute approximately 300 billion dollars.
