COP30: A Stalemate for Climate Action
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COP30 is completely deadlocked and it's worse than anyone predicted. Negotiators in Belém
just hit a brick wall over climate finance, with developing nations demanding
$1.3 trillion annually while wealthy countries are offering barely $300 billion. The entire summit
might collapse. Here's the disaster unfolding right now. Brazil tried pushing
legally binding carbon cuts, but oil-producing nations formed a blocking coalition.
China and India are refusing to be classified as developed economies, which tanks the
whole funding structure. The US delegation walked out of two sessions already. Small island nations
literally begged on the floor yesterday, saying their countries will be underwater before any of these
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