#global-negotiations

#global-negotiations

The world is working towards a legally binding treaty to combat global plastic pollution during crucial negotiations in Busan.

Saudi Arabia is obstructing global efforts to finalize a UN treaty on plastic pollution.

Petroleum-rich nations are pushing back against curbs on plastic production.

COP29 is crucial for climate discussions, focusing on establishing a new goal for international climate aid to support developing nations.

Vulnerable nations need $1.3 trillion to combat climate change, but rich nations have not agreed on how much they will contribute.

Wealthy nations have committed to $300 billion annually for developing countries to combat climate change, although it falls short of their demands.

A contentious climate finance deal was reached after intense negotiations, with developing nations settling for less than what they initially sought.