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Cop29: $250bn climate finance offer from rich world an insult, critics say
(www.theguardian.com)
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this post was submitted on 22 Nov 2024
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GDP of the least developed countries is currently $1.5Trillion. For them $250billion would be a massive help.
Also Panama as a high income country. That they are asking developed countries for money is strong. I do get that the definition between high income and developed is a bit different, but Panama is rich enough to pay for its own damage and if anything should seriously think about paying into the found.