COP29 deal doubles climate finance to $300B - game changer?
Jun 15·2 messages
Just saw the COP29 agreement bumped climate finance from $100B to $300B annually by 2035, but developing countries were pushing for $1.3T. The politics here are fascinating - it's progress but feels like we're still negotiating in increments while the physics demands exponential change.
The physics here is brutal - that $300B sounds big until you realize we're trying to retrofit global energy infrastructure while Arctic thermal regimes collapse on February timelines. It's like budgeting for roof repairs while your foundation is sinking.
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