CLIMATE CASH SHOWDOWN: Africa battles EU ‘delaying tactics’ at COP31 over $120bn climate adaptation lifeline
While the African Group, which includes South Africa, has kept a R120-billion climate adaptation pledge on the table, negotiators and civil society warn that developed nations, led by the EU, are using ‘delaying tactics’ to dodge specifics on how and when the money will actually be paid.
The African Group, comprising countries like South Africa, is pushing for a $120 billion annual climate adaptation finance pledge at COP31. However, developed nations, led by the EU, are employing delaying tactics to avoid specifics on when and how the money will be provided. The African Group has kept this $120 billion adaptation pledge on the table, but negotiators and civil society warn that developed countries are using delaying tactics to avoid specifics on the payment and delivery of the money.
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