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SUNS # 10130 Tuesday  3 December 2024


 
  Contents  

WTO: DG wants to work with Trump administration, but will it reciprocate? (PRIV)
(D. Ravi Kanth, New Delhi)
The World Trade Organization's incumben t Director-General, Ms Ngozi Okonjo-Iweala, who secured the mandate for a second term on 29 November, said that she looks forward to working with the Trump administration in a "productive fashion", while underscoring the need for "a very constructive and community approach to deal with the issues that we face in the political system."

Climate: Weak finance mobilization goal of $300 billion per year by 2035. (PRIV)
(Prerna Bomzan and Meena Raman, Kathmandu)
The controversially adopted decision on the new collective quantified goal on climate finance (NCQG), in the early hours of a protracted closing of the COP29 talks on 24 November in Baku, sets a mere mobilization goal of USD 300 billion per year by 2035, with developed countries taking the lead, which is only a trebling of the USD 100 billion per year goal agreed to in Cancun, Mexico in 2010, which is a far cry from the needs of developing countries.

Climate: Calls from developing countries to discuss unilateral measures (PRIV)
(Hilary Kung, Kuala Lumpur)
The issue of whether unilateral measur es (UMs) can be discussed at the UNFCCC was highly contested during the Baku climate talks, which ended on 24 November.


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