At a press conference on June 13, Chinese Foreign Ministry spokesperson Lin Jian addressed growing discussions surrounding the 2024 United Nations Climate Change Conference (COP29) and China's role in global climate financing. Lin stressed that if developed nations fail to uphold their financial commitments, it could significantly impair international cooperation and hinder the achievement of the temperature-control goals outlined in the Paris Agreement.
When questioned about reports suggesting that COP29 might advocate for China to take on a larger role in providing climate funds to developing nations, Lin reaffirmed that supporting climate action in these countries is a fundamental moral responsibility of developed nations. He highlighted that climate finance is crucial for effective emission reduction and sustainable development, quoting that developed countries had pledged $100 billion annually since 2009 but have fallen short, amassing a debt exceeding $300 billion.
Lin's comments underscore the ongoing tension between global North and South regarding climate responsibilities, emphasizing that reliable financial support from developed countries is essential for building mutual trust and advancing global climate initiatives.
Reference(s):
China answers claims COP29 will seek greater financing from its purse
cgtn.com
