Delegates from poorer nations say classifications that date back to 1992 are obsolete and two countries ‘should be contributing’

Summary

At the Cop29 climate talks, delegates from poorer nations argue that China and India should no longer be classified as developing countries due to their economic growth and ability to contribute to climate finance.

They believe that these countries should take on additional responsibility for providing financial assistance to the poorest and most vulnerable nations.

However, China and India reject these suggestions, citing their lower per capita incomes and historic emissions.

  • kippinitreal@lemmy.worldEnglish
    101·
    1 day ago

    I think its critical is realize the outward appearance of “development” is not a true state of a country, but usually a sign of huge wealth disparity between the richest and poorest. India certainly is a victim of this where there are essentially two societies within the country. I’m not sure of China since no news coming from can be considered trustworthy.

    In fact, the “developing country” tag is usually used for marketing to attract investment.