COP29 climate talks urged to find $1 trillion a year for poorer countries, but agreement considered difficult

Primary tabs

COP29 climate talks urged to find $1 trillion a year for poorer countries, but agreement considered difficult

COP29 climate talks urged to find $1 trillion a year for poorer countries

BAKU, Nov 14 (Reuters) - Developing countries need at least $1 trillion per year by the end of the decade to cope with climate change, economists told U.N. talks in Baku, where early efforts to reach a finance deal risk being overshadowed by diplomatic disputes.
 
Money is a focus at COP29 whose success is likely to be judged by whether it can agree a new target for how much richer countries, development lenders and the private sector must provide each year to help developing countries finance the transition to greener energy and protect against extreme weather.
 
Reaching a deal is likely to be especially hard at a summit where the mood has been soured by public disagreements and pessimism about shifts in global politics.

...

 

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 
Groups this Group Post belongs to: 
- Private group -
Workflow history
Revision ID Field name Date Old state New state name By Comment Operations
No state No state
howdy folks
Page loaded in 0.358 seconds.