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The Conference of the Parties(COP)29 ended in anger as the developing nations rejected an agreement by the wealthy nations that would have given the greedy little grifters $300 billion in funding for projects to combat climate change.
It’s a « disaster », some of the representatives claimed. The $300 billion in aid would come « from a wide variety of sources, public and private, bilateral and multilateral, including alternative sources. »
Nigeria branded the deal « a joke. » Ralph Regenvanu, envoy for the island nation of Vanuatu, stated: « The dollar amounts pledged and the emissions reductions promised are not enough. They were never going to be enough. And even then, based on our experience with such pledges in the past, we know they will not be fulfilled. »
Regenvanu has figured it out. The industrial West is not going to give a blank check to third-world kleptocrats without strings attached.
That’s exactly what the developing nations and their NGO lobbyists wanted. They’re angry because their demands for yearly $1.3 trillion in no-strings-attached grants were rejected.
That’s $11 trillion over the next decade. And we’re not supposed to ask what they’re going to use it for.
I can’t for the life of me figure out why rich countries would reject such a sweet deal.
The bitter denunciations from developing countries point to the impossibility of their « demands. »
“We are disappointed with the outcome, which clearly brings out the unwillingness of developed-country parties to live up to their responsibilities. » India’s Chandni Raina added, “India does not accept the goal proposal in its present form.… The goal is too little, it is too distant.
