Biden celebrates COP29 climate deal, pledging $300 billion annually for developing nations despite criticism over adequacy. Meanwhile, severe smog crisis in India and Israeli-Palestinian tensions dominate global attention.
US President
Joe Biden is celebrating what he sees as major progress on the climate front with the new COP29 agreement, despite skepticism from the incoming administration. The deal, forged in Azerbaijan, commits developed nations to annually providing at least $300 billion to help developing countries transition to greener economies, though poorer countries criticize the sum as inadequate.
Continuing with COP29, the conference sparked lively debates about the adequacy of the $300 billion funding commitment for developing nations to combat climate change. While some leaders like the EU's Wopke Hoekstra view the agreement positively, others, such as delegates from India and Nigeria, argue for more substantial financial support.
Meanwhile, attention turns to India, where severe smog in the north has created a $95 billion crisis, significantly impacting health, productivity, and tourism, especially in New Delhi. The air pollution crisis, exceeding safe limits by 50 times, is contributing to 18% of all deaths in the country and costs about 3% of its GDP annually.
Shifting focus to the Middle East, heightened tensions persist as Israel intensifies its crackdown on Palestinian dissent amidst the Gaza conflict. Legal reports indicate more than 400 Palestinians are facing investigations, raising fears of arrest and self-censorship due to expanded surveillance and new measures implemented by Israeli authorities.
In the Philippines, a massive fire in Manila's Isla Puting Bato slum has left thousands devastated as it destroyed around 1,000 homes and displaced approximately 2,000 families. Despite the scale of the disaster, early reports note no casualties, while residents like Leonila Abiertas are left grappling with the challenge of rebuilding their lives.
Finally, in diplomatic news, Turkish President Tayyip Erdogan will be meeting with NATO Chief Mark Rutte to address the escalated Russia-Ukraine war and to discuss defense ties in Ankara. Despite Turkey's condemnation of Russia's actions, it continues to oppose Western sanctions, a point likely to feature in discussions also focused on bolstering NATO's defense cooperation and counter-terrorism strategies.