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- Nov 2021
The fact that these countries are still not on track to reach the 1.5⁰C per capita level by 2030, and have still not delivered the minimal commitment to mobilize $100bn per year in international climate finance by 2020, is a double indictment of their moral and legal failure in view of the equity principle at the heart of the UNFCCC and its Paris Agreement.
The facts reflect the truth that developed economies are essentially unwilling to cede their way of life. The people of these economies want to cling to their high carbon way of life.