German and EU politicians have welcomed a hard-fought and widely criticised deal on future support for developing countries to fight and adapt to climate change at the UN climate change conference COP29, emphasising that global cooperation was still possible.
“Those who have come here to prevent progress and prevent more climate justice and weaken our multilateral UN system altogether, have failed,” said German foreign minister Annalena Baerbock. Achieving the deal “in these shaky times” was a success, she said.
European Commissioner for Climate Action Wopke Hoekstra said the climate conference “delivered an ambitious and realistic goal,” and heralded in a “new era on climate finance.”
Countries agreed to triple public climate finance to developing countries from the current target of 100 billion US dollars annually to 300 billion dollars by 2035. Negotiations in…