visiting the stands of the many countries present and meeting people from all over the world, it was clear that the world is divided in two: on one side, the countries of the developed economies, which "govern" climate policies and which continue to fuel the demand for fossil fuels, and the countries producing oil and gas, which continue to produce, increasing wealth and inequalities; on the other, the countries that suffer from this model and pay the effects of climate change.
Speaking of climate, walking through the corridors of the exhibition area, a strange atmosphere was felt: on one side, cold and sad stands of the “developed” countries and on the other, more phone number library colorful and lively stands of many developing countries. As if the latter (the poor) had to somehow attract the attention of the former (the rich). And so it could not be otherwise, given that the main objective of the conference is precisely the renegotiation of a new climate finance objective, the “New Collective Quantified Goal”: the fund for developing countries should be increased, which currently stands at 100 billion dollars (less than a third of the money that financier Warren Buffet has in his account). There is talk of tripling it and that it will become mostly non-repayable grants rather than financing.
Next year, the Nationally Determined Contributions (NDCs) will have to be decided, that is, the commitments, unfortunately not binding, undertaken by governments to combat climate change.
As UN Secretary-General António Guterres said in urging leaders to adequately finance the fight against climate change, “either you pay now or humanity will pay.”