Hey there! Have you heard about COP29? It’s a big meeting where leaders from around the world get together to talk about how to protect our planet from climate change.
But this year, things are moving a bit slowly. One of the main topics—deciding how much money countries should contribute to fight climate change—is causing some big debates.
What’s the Big Deal About Climate Finance? 💰
Climate finance is money that helps countries reduce pollution and prepare for the effects of climate change. Right now, countries are trying to agree on two important things:
- How much money should everyone put together?
- Which countries should give money?
According to Wang Xun, a senior researcher, countries are still figuring out these questions. It’s like trying to split the cost of a pizza among friends—they need to decide how big the pizza is and who pays for what!
Should China Chip In More? 🇨🇳
Some people think China should give more money because it’s a big country with lots of resources. But China says it’s already helping out!
Did you know? Between 2013 and 2022, China provided about $45 billion to other developing countries to help them fight climate change. That’s a lot of money!
What Do the Rules Say? 📜
The Paris Agreement is like a global promise to work together on climate change. According to this agreement, developed countries (like the US and those in Europe) must provide financial help to developing countries.
China is officially considered a developing country, so it’s not required to give money, but it chooses to help anyway.
What’s Next? 🤔
The talks are still ongoing, and everyone hopes they can reach an agreement soon. After all, protecting our planet is a team effort!
What do you think? How can countries work better together to save our Earth? 🌎
Reference(s):
cgtn.com
