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#cop29

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Based on the Organisation for Economic Co-operation and Development (OECD)’s most recent comprehensive data, developed countries contributed US$116 billion in climate finance to developing nations in 2022. If we assume a simple linear path to the US$300 billion target, we will need to reach around US$160 billion in 2025

eco-business.com/opinion/how-f

Eco-Business · How far has the dial really moved in climate finance since COP29?Par Pietro Rocco and Toby Kwan

Just a reminder. The mere *announcement* of a Chinese bullshit generator (#AI) was enough to convince investors to withdraw $1T from NASDAQ index stocks.

That is 3 years of full funding of the entire paris climate accord (post #COP29 tripling of the goal). Or about 100 years of Biden's maximal pledge.

Invested in a speculation about US AI dominance tentative enough to be shaken by a single news event.

#paris #climate #ai

theguardian.com/business/2025/

The Guardian · ‘Sputnik moment’: $1tn wiped off US stocks after Chinese firm unveils AI chatbotPar Dan Milmo