Climate Finance

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The COP30 climate conference in Belém, Brazil, ended with a compromise agreement dubbed the Global Mutirão, which climate advocates view as a missed opportunity for bolder action. The deal sets modest funding targets but omits key commitments on fossil fuels and adaptation finance. Negotiators highlighted the need for ongoing efforts beyond the summit.

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Norway's Prime Minister Jonas Gahr Støre has criticized the United States' absence from the G20 Leaders’ Summit in Johannesburg as unacceptable, amid the adoption of a declaration on global issues despite the boycott. The summit, the first held on African soil, focused on inequality, climate finance, and the Global South, with South African President Cyril Ramaphosa highlighting Africa's prosperity potential. French President Emmanuel Macron praised South Africa's hosting as a great achievement.

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