Hey there! 🌍 Have you ever stayed up late to finish homework or a big project? Well, that’s exactly what’s happening with the grown-ups at the COP29 climate summit!
The COP29, a big meeting where leaders from around the world talk about how to protect our planet from climate change, has gone into overtime. That means they’re staying longer than planned to try and agree on some really important stuff.
So, what’s the big deal? Developed nations (the countries that are more industrialized) are being asked to lead the way by providing $250 billion every year by 2035 to help fight climate change. That’s a lot of money! 💰 But not everyone agrees on how this should work, and it’s causing lots of discussions—and some disagreements.
On Friday night, there was a bit of good news. The leaders made some progress and released what they hope will be the final plan for rules about carbon markets. Carbon markets are systems where countries can buy and sell allowances to emit carbon dioxide, which can help reduce overall pollution.
But even with this progress, the countries are still working hard late into the night to figure out a big funding plan to tackle climate change. They’re trying to decide who should pay for what and how to make it fair for everyone.
It’s like when you’re trying to decide with your friends how to share the cost of a big pizza 🍕—but on a much, much bigger scale! Let’s hope they can agree soon so we can all work together to protect our Earth.
Reference(s):
cgtn.com
