Global Environmental Diplomacy and Climate Change Negotiations

Abstract

After more than a decade, the pledge of US$100 billion by rich countries to poor countries for climate mitigation and adaptation measures since 2010 failed to materialize. The recent United Nations Intergovernmental Panel on Climate Change (IPCC) report 2023 emphasized the need to raise ambition to reduce human-induced carbon dioxide released into the atmosphere, muster the political will and provide the necessary finance. The United Nations Conference of Parties (COP) is continuously tilting towards an annual ritual with high expectations for climate finance from developed to developing countries.