COP 29 diplomacy delivers perfectly vague promises a decade away
15 hours ago Guest Blogger
Guest essay by By David Wojick
In Cop 29’s “Finance agreement” diplomacy is truly the art of agreeing to nothing. There is no agreement of substance here because there is no substance to this agreement. Each side gets its number someday and that is all there is to it.
Let’s look at the actual text to see the nothing. But first recall what was supposed to happen. The Paris Agreement committed the developed country members to providing $100 billion a year to the developing countries through 2025. COP 29 was simply supposed to revise that annual payment up beginning in 2026. That did not happen, not even close.
The fiasco started when the developing countries demanded huge impossibly sums centered on $1.3 trillion. That set in motion a series of side steps leading to the present agreement which is very different from the intended goal.
https://wattsupwiththat.com/2024/11/25/cop-29-diplomacy-delivers-perfectly-vague-promises-a-decade-away/