Switzerland Seeks Climate Finance

This is a Baku news story, published by SWI, that relates primarily to the UN Climate Change Conference news.

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SWI

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Switzerland to call for climate finance contributions from China and Russia at COP29

Summary

Nutrition label

88% Informative

Controversial proposal will be tabled at the UN Climate Change Conference (COP29) opening today in Baku , Azerbaijan .

Until now, the question of who should fund transition to a low-emissions society has landed on the world’s richest countries.

Developing countries need $500 billion a year to stave off the effects of global warming.

The Swiss proposal to broaden the pool of donor countries is a 'pragmatic response' to the growing urgency of climate action.

Emerging economies oppose a revision of the donor pool.

The Swiss model has the advantage of allowing new countries to be included as contributors once they have reached the established thresholds of emissions and wealth.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful