
DEVELOPING nations slammed the deal reached at the United Nations climate talks (Cop29) today, which pledged at least $300 billion (around £239bn) a year to help them cope with the ravages of global warming.
The money will go to developing countries to help them manage the transition from coal, oil and gas, adapt to future warming and pay for the damage caused by increasingly extreme weather.
Though three times the $100bn (nearly £80bn) a year agreed in a deal due to expire from 2009, it is nowhere near the $1.3 trillion (just over a £1trn) that developing countries were asking for.
As global fascism grows, ROGER McKENZIE urges the left to reclaim May Day’s revolutionary roots — not as an act of nostalgia, but as fuel for building a ‘community of resistance’ against exploitation and the rise of fascism