LIVE- UN climate talks on verge of collapse as countries walk out over cash

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Posted on 11/23/2024 6:59:59 AM PST by Oldeconomybuyer

“Shame” shouted some climate campaigners, “pay up!” shouted others.

The object of their venom was John Podesta, who is the US climate envoy, and was being escorted from a meeting room in chaotic scenes here in Baku.

COP29 has taken a dramatic turn here this afternoon, with walkouts from developing countries from meetings with the Azerbaijani presidency over climate finance.

There was palpable anger among the least developed countries and island states that they were being messed around by richer nations.

They say that the financial offer being negotiated is insulting, they feel excluded and ignored.

In this atmosphere, campaigners turned on Podesta shouting that the US had sold out, and hadn’t paid their fair share.

Podesta seemed unperturbed, telling my colleague Justin Rowlatt that he hoped “this was the storm before the calm”.

(Excerpt) Read more at bbc.com ...

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