‘This climate finance is what is owed us, and we want our developing country governments to remember that,’ says Filipino climate activist Lidy Nacpil
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The revised text said rich countries should pay $250 billion a year until 2035 to help developing countries deal with climate change and move away from fossil fuels. “The $250 billion a year is a cruel condemnation to death for the world’s vulnerable peoples,” said Gerry Arances of Philippine think tank Center for Energy, Ecology, and Development, on Friday at a press conference in Baku.
But why are the members of civil society in Baku more focused on the $250 billion figure than the bigger $1.3 trillion fund that the text seemed to promise?
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