G77, China rejects framework for draft text on new climate finance goal

G77, China rejects framework for draft text on new climate finance goal

New Delhi: G77 and China, the largest bloc representing around 130 countries at the UN climate talks, has rejected the framework for a draft negotiating text on a new climate finance goal — the central issue at this year’s climate summit in Baku, Azerbaijan. The substantive framework for a draft negotiating text, prepared by the … Read more

With no consensus yet, COP27 extended by a day

With no consensus yet, COP27 extended by a day

Attendees listen to a plenary session at the COP27 U.N. Climate Summit on November 18, 2022, in Sharm el-Sheikh, Egypt. | Photo Credit: AP With countries unable to arrive at a consensus, the 27 th edition of the United Nations Conference of Parties (COP) in Sharm el-Sheikh, which was scheduled to end on Friday, has been extended by … Read more