$300bn cash deal rescues COP29 climate talks from collapse
Global News Podcast
BBC
4.3 • 8.3K Ratings
🗓️ 24 November 2024
⏱️ 29 minutes
🧾️ Download transcript
Summary
At the climate summit in Azerbaijan, richer countries agreed to increase their contribution to $300bn a year by 2035, to help poorer countries most affected. Also: many killed during Israeli air strike in Beirut.
Transcript
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| 0:00.0 | This is the Global News podcast from the BBC World Service. |
| 0:04.2 | I'm Jackie Leonard, and in the early hours of Sunday the 24th of November, these are our main stories. |
| 0:11.1 | The UN Climate Summit in Azerbaijan has agreed that richer countries will raise their climate finance contribution to support poorer countries to $300 billion a year by 2035. |
| 0:23.6 | A day of intense Israeli airstrikes and gun battles has left dozens dead in Lebanon. |
| 0:29.2 | And the Sudanese army says it's recaptured a provincial capital from its paramilitary rivals, the RSF. |
| 0:37.6 | Also in this podcast. |
| 0:41.8 | How artificial intelligence is being harnessed to save red squirrels in the UK. |
| 0:50.9 | And we begin in Azerbaijan. |
| 1:12.6 | Saturday was a hectic and chaotic day at COP 29, the UN climate summit in the country, which at times teetered on the brink of collapse. At one stage, dozens of representatives from small Pacific island nations threatened by rising sea levels, walked out, disrupting the summit which had already overrun by a day. Then came a final draft proposal aimed at resolving |
| 1:19.4 | the bitter dispute between the richer and poorer countries over climate financing. The COP 29 |
| 1:25.7 | document pledged to raise support for underdeveloped countries |
| 1:29.4 | to $300 billion a year by 2035. Those countries had demanded $500 billion, but late into the night |
| 1:37.8 | they agreed to the lower figure. Before that, there was one smaller breakthrough, an agreement |
| 1:43.6 | to establish a global market for buying and selling carbon credits. |
| 1:48.7 | Earlier on Saturday, the BBC's climate editor, Justin Rowlat, caught up with some of the negotiators as they scuttled from room to room, to try to get a sense of what was holding up a deal. |
| 2:01.9 | Where a day over the deadline for an agreement and the representatives of dozens of the |
| 2:07.3 | world's least developed countries have just stormed out of a key meeting. |
| 2:12.1 | Cedric Schuster of Samoa represents the world's small island states. |
| 2:17.1 | We've just walked out. We came here to this cop for a fair deal. |
| 2:21.3 | We feel that we haven't been heard and there's a deal to be made and we are not being consulted. |
| 2:27.1 | There is real anger here. |
| 2:29.2 | Mohamed Addao speaks for African nations. |
... |
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