Climate negotiators on Sunday agreed to an annual finance target of 300 billion U.S. dollars to help poorer countries deal with the impacts of climate change by 2035, a key task of the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29).
According to the deal reached in Baku, capital city of Azerbaijan, rich countries will lead the payments.
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COP29 clinches 300 bln U.S. dollars climate finance deal for developing countries
COP29 clinches 300 bln U.S. dollars climate finance deal for developing countries
COP29 clinches 300 bln U.S. dollars climate finance deal for developing countries
COP29 clinches 300 bln U.S. dollars climate finance deal for developing countries
COP29 clinches 300 bln U.S. dollars climate finance deal for developing countries
The new goal will replace the previous deal of 100 billion U.S. dollars per year in climate finance for developing nations by 2020. However, that goal was met two years late, in 2022, and expires in 2025.
The European Union hailed the deal as a "new era" of climate finance for poorer countries, but UN Secretary General Antonio Guterres said that he had hoped for "a more ambitious outcome."
Vulnerable developing countries led by India and Nigeria criticized the sum as "paltry" and an insult. These nations had been holding out hope for a figure closer to their proposed 1.3 trillion U.S. dollar sum.
COP29 also reached agreement on creating a global market to trade carbon pollution rights and to mobilize more money on new projects to help fight global warming.
COP29 clinches 300 bln U.S. dollars climate finance deal for developing countries
COP29 clinches 300 bln U.S. dollars climate finance deal for developing countries
COP29 clinches 300 bln U.S. dollars climate finance deal for developing countries
COP29 clinches 300 bln U.S. dollars climate finance deal for developing countries
COP29 clinches 300 bln U.S. dollars climate finance deal for developing countries
As ski resorts have begun opening in northern China, ski enthusiasts are starting to head to ski resorts for winter fun and scenery.
The city of Zhangjiakou, a top destination for skiing in the Beijing-Tianjin-Hebei region which hosted most snow events of the Beijing 2022 Olympic and Paralympic Winter Games, has witnessed a huge influx of tourists since its ski resorts opened recently.
The eight ski resorts in Zhangjiakou's Chongli District have a combination of over 160 kilometers of ski slopes, providing a great experience on snow for all levels of ski enthusiasts.
"I learned front blade skills in a couple of days. Yesterday I even gave it a go on black slopes. It was just a great experience overall," said a tourist.
Chongli's Genting Resort, which opened just on Wednesday, saw its 3,500 guest rooms fully booked for the weekend. The Thaiwoo resort saw visitor numbers surging to 10,000 per day in less than two weeks. Resorts are also introducing new activities such as jetski snow rides and cross-country skiing to create a colorful experience.
"I came back from America just to ski here. It's got a complete set of facilities and services – got good accommodation and food, and shuttles for pickup," said a tourist.
In Inner Mongolia's Genhe, a city known as 'the coldest place in China', it is the reindeer that draw visitors from all over the country to visit the snowy winter wonderland.
The local Aoluguya Ewenki people, known as "the last hunting tribe in China," is the only ethnic minority group in China that raises reindeer. Interacting with reindeer and experiencing the Ewenki culture while surrounded by snow-covered forests make a memorable vacation experience for visitors,particularly for those who come from the warmer south.
"So many reindeer and small animals. We also stayed in Cuoluozi (Ewenki tikis) and Mongolian yurts. That was a great experience for me," said a visitor.
Genhe's tourism sector has been developing its snow economy with focus on the city's unique natural resources and ethnic culture. The city has welcomed about 80,000 visitors since October, bringing in 150 million yuan (20.7 million in U.S. dollars) of tourism revenue.
"To accommodate tourism demands, our park is consistently perfecting our services and facilities. This year we introduced new dinning choices, such as Cuoluozi barbeque, Cuoluozi hotpot and bonfire tea. We also readied reindeer sleighs and snowbikes for tourists," said Zhao Geng, a scenic area staff member.
Ski resorts open in northern China, attracting ski enthusiasts for winter fun, scenery
