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Parleys behind closed doors, China signals key shift on climate finance
Hindustan Times
|November 15, 2024
Nations at COP29 have moved into closed-door negotiations after co-chairs presented an unwieldy 34-page draft on the new collective quantified goal (NCQG), with developing countries pushing for streamlined discussions.
The G77 and China group, representing 134 developing nations, requested informal meetings to pare down the extensive document. These "inf-inf" (informal-informal) sessions, closed to observers, aim to find common ground on crucial climate finance issues. Against this backdrop of complex negotiations, China has indicated a potentially more flexible stance on climate finance. During the high-level ministerial dialogue, Beijing emphasised the complementarity between developed countries' financial obligations and voluntary support through South-South cooperation.
Cette histoire est tirée de l'édition November 15, 2024 de Hindustan Times.
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