“People of the global south came to these talks needing a lifeboat out of the climate crisis. But all they got was a plank of wood to cling to.
“This summit has been hijacked by rich countries who have failed to negotiate in good faith. The cost of their actions here will be paid in the lives of vulnerable people on the front lines of climate breakdown.
“Developing countries are already responding day in and day out to the climate emergency, dealing with homes, crops and livelihoods destroyed due to droughts, storms and floods. They came here seeking solidarity and partnership to tackle a problem they didn’t create, but have left with scraps.
“Finance is the cornerstone of climate action. It is essential to help developing countries deal with the impacts of climate change. This level of funding simply won’t cut it.
“Rich countries knew they had all year to prepare for this meeting, where they were required by the Paris Agreement to agree a new finance goal that met the needs of the developing world. They have failed to do that with this paltry finance offer.”
Ends
