With COP29 ongoing, the climate action versus climate justice divide deepens, exemplified by Timor-Leste’s struggle as an LDC and SIDS reliant on fossil fuels for economic stability. Facing declining revenue from the Bayu-Undan Field, the country looks to Greater Sunrise for a potential $50 billion windfall, critical for its development. However, political tensions, economic diversification challenges, and climate change concerns complicate Timor-Leste’s path forward.
Full Article
