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The Morning Brief

COP29: Who will Pay for Climate Action?

Nov 14, 2024
Urmi Goswami, Special Correspondent at Economic Times with keen insight on climate issues, discusses the pressing financial commitments at COP29. The conversation dives into whether developed nations will step up to support poorer countries in their climate battles. India’s evolving stance on energy transition and the advocacy for the global south take center stage. Also explored are the impacts of global conflicts on climate finance, emphasizing the urgent need for action over mere promises. Tune in for a thought-provoking dialogue on climate responsibility.
24:28

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The urgent need for climate action is starkly highlighted by recent global disasters, emphasizing the severe consequences of climate inaction.
  • COP29's focus on climate financing raises critical questions about developed nations' ability to meet their financial commitments to developing countries.

Deep dives

Climate Crisis Highlighted

The urgency of climate action is underscored as 2024 is projected to be the hottest year recorded, yet critical environmental events continue to unfold across the globe. Recent deadly incidents, such as flooding in Spain that left over 200 dead, snowfall in a Saudi desert, and wildfires in Chile claiming 46 lives, emphasize the severe impact of climate change. These events illustrate that the repercussions of climate inaction are increasingly being felt worldwide, making it a pressing issue that extends beyond developing nations. As climate impacts intensify, the need for immediate and effective climate action is more crucial than ever.

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