At the heart of this logjam is the issue of funding for the mitigation of the climate crisis. In line with the Paris Agreement's principles of equity and common but differentiated responsibilities, developing countries have sought an agenda on finance for scaling up mitigation action.
But developed countries led by the US and the EU have opposed the agenda stating that existing mechanisms address the issue of finance; the former has added that it is open to a discussion when the flow of finance is not limited to developed countries paying developing countries but also includes funding from emerging economies and the private sector.
The impasse, which could jeopardise the agenda at the COP28 climate conference to be held in Dubai in November and urgent action on the climate crisis, stems from a deep lack of trust because developed countries are not willing to recognise their historical responsibility.
Diese Geschichte stammt aus der June 14, 2023-Ausgabe von Hindustan Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der June 14, 2023-Ausgabe von Hindustan Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Aamir still keen on Gulshan Kumar biopic despite delays, says Bhushan Kumar
Aamir sir always tells me, 'It's the best script I've ever read in recent times, jo mujhe karni hi karni hai.
Blackstone eyes 20% stake in Haldiram's for $8 bn
Blackstone has dropped plans to acquire a majority stake in the snacks business of India's Haldiram's but is now discussing purchase of a 20% stake at a valuation of $8 billion, which is still a sticking point, sources told Reuters on Thursday.
INDIA'S ECONOMY IS WITHSTANDING GLOBAL RISKS: DAS
The Indian economy is \"sailing through smoothly,\" even as global growth faces accelerating risks ranging from geopolitical tensions to climate change, according to the country's central bank governor.
Kane irked by England Nations League pull outs
Harry Kane says he is disappointed by the high number of withdrawals from the England squad this week, insisting the national team must come first.
CARLSEN TAKES SOLE LEAD AFTER WINNING SPREE IN TATA CHESS INDIA
Round 5 of Rapid category began with handshakes around the tables and the supervisors asking the live audience to put their phones on silent mode.
Ministry objects to ex-office bearer becoming TTFI CEO
SPORTS MINISTRY IN A CIRCULAR TO NSFS AND IOA IN 2022, SAID THAT INELIGIBLE OFFICE BEARERS RETURNING AS CEO OF FEDERATION IS AGAINST THE SPIRIT OF THE GUIDELINES OF THE SPORTS CODE.
Necklace linked to Marie Antoinette sells for $4.8mn
A diamond-studded necklace thought to be linked to a scandal that hastened the downfall of the doomed 18th century queen of France, Marie Antoinette, sold at auction, in Geneva, on Wednesday, for 4.26 million Swiss francs ($4.81 million).
₹$6.7tn climate funding needed yearly by '30'
Global climate investment needs are projected to reach $6.3-6.7 trillion annually by 2030, with emerging economies requiring nearly half the funding, according to a new report by the Independent High-Level Expert Group on Climate Finance, which called on the ongoing climate conference to deliver on a commitment to deliver at least a trillion dollars every year by 2030.
Support for Ukraine is key to US security, Biden urges Trump
President Joe Biden told President-elect Donald Trump that supporting Ukraine was crucial for American national security, underlining that a strong Europe capable of deterring aggressors would prevent the US from being pulled into continental conflicts, national security adviser Jake Sullivan said.
Speaking to the State for citizens
The Supreme Court's order on demolitions is a welcome reminder to the executive to function as a custodian of constitutional values
