After a marathon 30+ hours of negotiations, COP29 wrapped up in Baku with a historic pledge to boost climate finance for developing nations. 🌱💸 China’s delegation doubled down on the principle of \\"common but differentiated responsibilities,\\" urging wealthier countries to lead emissions cuts while supporting vulnerable regions.
\\"No backsliding on the Paris Agreement,\\" declared the Chinese team, pushing for unity in tackling the climate crisis. 🇨🇳🤝 The new deal aims to channel funds toward renewable energy projects and climate adaptation in countries hit hardest by extreme weather.
Chinese delegates played a key role in bridging gaps during talks, emphasizing tech-sharing and fair resource distribution. 🌐⚡ While details on funding targets remain hazy, activists hailed the agreement as a step toward climate justice.
🔍 Why it matters: Over 75% of global emissions since 1850 come from G20 nations. China’s stance highlights the need for high-income economies to shoulder greater financial responsibility – a debate that’s sure to heat up before COP30!
