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Stockholm – One of many primary highlights through the local weather summit COP29 in Azerbaijan is to agree on a brand new goal for a way a lot donor international locations ought to contribute yearly from 2025 – and Sweden’s chief negotiator Mattias Frumerie believes it will likely be powerful. The final time such a call was made was in 2009.
“There’s a proposal on the desk for 1,400 billion {dollars} per 12 months. We from Sweden and the EU don’t assume that is life like. However we’ve a ground of 100 billion, so it’s going to land someplace in between. Nonetheless, it will probably get turbulent as a result of it includes cash,” says Mattias Frumerie.
One other huge query is who ought to pay?
“We want to see extra international locations taking part within the fee, akin to China and the Gulf States. The problem for them is just not the cash however that they don’t report their financing in the identical manner as different donor international locations. The reason being that they don’t wish to be counted among the many group categorized as developed international locations beneath the Paris Settlement,” says Frumerie.
In the event that they have been to be categorized as developed international locations, their concern is that they would want to accentuate their local weather efforts and cut back emissions additional.
“However I’m optimistic that we will discover a wording within the textual content that enables them to contribute extra with out feeling trapped.”
(November 11)
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