Environmental negotiators at the United Nations' COP29 climate change alarm summit on Sunday issued their last ever demand for $300 billion a year from rich countries to poor countries between now and 2035.
Climate destroyers quickly lamented that it wasn't enough and demanded much, much more to bring the total to at least $400 billion.
COP29, officially the United Nations Framework Convention on Climate Change Conference of the Parties (UNFCCC), is the 19th session of the United Nations' official General Assembly to discuss how to address the alleged global climate crisis.
About 50,000 people flew in from all over the world for the two-week talkfest.
AFP report At an early morning meeting at Azerbaijan's sports stadium, some 200 countries pushed to pass a controversial financial agreement.
But as the applause died down, India shouted its rejection of the “terribly poor” deal, sparking a storm of criticism from across the developing world.
“It's insignificant,” snarled India's Chandni Raina. “This document is nothing more than an optical illusion. In our opinion, it fails to address the enormity of the challenge we all face.”
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Sierra Leone's climate change minister, Jiwo Abdullahi, said it showed a “lack of goodwill” from rich countries to help the world's poorest countries face rising sea levels and more severe droughts.
Nigeria's special envoy, Nkiluka Maduekwe, was even more blunt: “This is an insult.”
The AFP report said Azerbaijan, an oil and gas exporter, lacks the will to cope at a time defined by costly climate disasters and on track for record heat. It has been pointed out that some countries have condemned it.
The agreement commits developed countries to pay at least $300 billion a year by 2035 to help developing countries reduce emissions and prepare for worsening disasters.
That falls short of the $390 billion that U.N.-commissioned economists deemed the fair share for developed countries.
COP29 was held in the shadow of President-elect Donald Trump's return to the White House, a move that reiterates his skepticism about the entire “save the world” mantra of environmentalists and activists. There is no doubt about it.
President Trump has promised to withdraw the United States again from the landmark Paris climate accord.
