less developed countries leave the table

“Baku cannot become Copenhagen”

On the same lines, he said: “We need an agreement, Baku cannot therefore become Copenhagen It would also be a fatal wound to climate multilateralism and the planet“. This refers to the major failure of the climate summit, COP15, held in the Danish capital in 2009, from which a text equivalent to the Paris Agreement reached six years later should have emerged.

“The text is advanced in many aspects, But it is the process that is creating dissatisfactionI hope we can move forward, but it’s disappointing,” Muhammad said, highlighting the frustration shared by many negotiators with the summit presidency in Azerbaijan’s hands.

Monterrey has also described the negotiation process as “chaotic” and lamented the “lack of transparency”.

Developing countries demand 500 billion

COP29, held in Baku (Azerbaijan), was supposed to officially end on Friday at 6:00 pm local time (three hours less in Spain), but negotiations continued in the final hours due to lack of agreement.

For its part, the G77+China, a negotiating group of developing countries, has put a proposal on the table Higher figure, $500,000 million According to the Panamanian negotiator, for 2030, not 2035, which is currently under negotiation.

Activist: “No deal is better than a bad deal”

Earlier activists had condemned it The “dogmatism” of rich states. When it comes to committing to providing substantial amounts of funding to the most vulnerable countries to tackle the extreme impacts of climate change and reduce their emissions.

On behalf of the Climate Action Network (CAN), a global coalition of environmental organizations, they have delivered a letter to negotiators from the countries of the Global South in which they show their support in these final hours of negotiations and, at the same time, they have demanded precisely if the North If more resources are not placed on the table, they will be removed from the table. “It’s better to have no deal than a bad deal.”