Developing countries reject new climate finance proposal as insufficient
Developing countries have rejected a new climate finance proposal that offers $250 billion annually by 2035, significantly lower than their demand for $1.3 trillion. Pakistan's climate change coordinator criticized the offer, calling it unacceptable. In response to climate challenges, Pakistan is advocating for regional cooperation to address glacier loss in the Hindu Kush and Himalaya region. The area is experiencing rapid glacier melting, which threatens water supplies and livelihoods. Pakistan and other countries are pushing for a united approach to climate diplomacy, emphasizing the need for collaboration among mountainous nations. They aim to address the unique vulnerabilities these regions face due to climate change.