Cop29 $250bn climate fund.offer dismissed as insulting
The Independent|November 23, 2024
Hopes of a trillion-dollar climate finance fund appear to be slipping out of reach after a draft text at the COP29 climate summit proposed a deal worth only a fifth of that.
STUTI MISHRA
Cop29 $250bn climate fund.offer dismissed as insulting

The interim agreement – released late yesterday, hours before the summit’s scheduled end – sets a $250bn (£199bn) annual target for the “new collective quantified goal” (NCQG), the sum developed nations must hand over to support mitigation in developing countries.

The compromise sum was dismissed as an insult to the world’s most vulnerable populations as talks extended into the night at the summit in Baku, Azerbaijan.

“We started Cop29 with alarm that the outcome of the US presidential elections would deter global climate action ... apparently, the halls of Cop29 are already flooded with many Trumps,” said Gerry Arances, executive director of Center for Energy, Ecology, and Development.

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FLERE HISTORIER FRA THE INDEPENDENTSe alt
The Independent

Canal threat is latest drama in Trump's Panama history

Donald Trump strained North American diplomatic relations over the weekend with a threat to retake the Panama Canal, two and a half decades after the US transferred control of the vital global trade route to Panama.

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Hong Kong issues arrest warrant for teenage activist
The Independent

Hong Kong issues arrest warrant for teenage activist

A 19-year-old pro-democracy activist who went from finishing secondary school in the UK to becoming one of Hong Kong's most wanted critics has vowed that she will not be silenced by Chinese fear and suppression.

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December 25, 2024
Prepay meters costing up to third of households' income
The Independent

Prepay meters costing up to third of households' income

Households on prepayment meters in the UK could see their energy bills cost up to a third of their household income this winter, new research has warned.

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December 25, 2024
Families hit by surge in no fault evictions before ban
The Independent

Families hit by surge in no fault evictions before ban

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Thousands of armed forces personnel not medically fit for war, government says
The Independent

Thousands of armed forces personnel not medically fit for war, government says

More than 10,000 people in the armed forces are deemed not medically fit for deployment, the Ministry of Defence has said.

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December 25, 2024
The Independent

Mauritius holds out on Chagos Islands deal again

Mauritius has rejected Sir Keir Starmer's deal to hand the Chagos Islands over to the country, in a humiliating blow for the prime minister.

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Nato can't defend Europe from Russia without US, say alliance's frontline leaders
The Independent

Nato can't defend Europe from Russia without US, say alliance's frontline leaders

Nato is \"not ready\" to fight against Vladimir Putin's Russia without the US, the leaders of the alliance's three frontline states have told The Independent, as they called on allies to drastically increase defence spending.

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Archbishop to say Church 'must kneel in penitence'
The Independent

Archbishop to say Church 'must kneel in penitence'

Christmas Day message follows on from abuse scandal

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December 25, 2024
Starmer delivers Christmas message for ‘lonely people'
The Independent

Starmer delivers Christmas message for ‘lonely people'

Sir Keir Starmer has delivered his Christmas message to the nation, saying his \"thoughts are with all those who are lonely\" over the festive season.

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'We had children going to sleep in the reading corner'
The Independent

'We had children going to sleep in the reading corner'

Holly Evans speaks to families whose children are benefiting from the 900 beds your generosity helped us to buy last year

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