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Harsh reality at COP28 over $2trn finance gap

Protestors at COP 28, pushing for phase-out of fossil fuels. [Mactilda Mbenywe, Standard]

COP28 negotiations intensified today as developed countries claimed to have met the $100 billion funding goal, though developing nations remained skeptical.

The countries questioned the assertion due to a lack of supporting data. Debates on the quality and accessibility of funds also added complexity to the discussions, with a spotlight on the Paris Agreement.

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