💨 Abstract

The EU has softened its stance at UN climate talks, urging "wealthier high-emitting" developing nations like China and Gulf states to voluntarily contribute to climate finance without changing the traditional classification of rich and poor countries. Developing countries insist that rich nations must prioritize climate finance as a precondition for discussing other issues. The EU proposes voluntary contributions from these nations, while maintaining its own commitments.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖