Cop29 live: can the climate summit find a way to raise $1tn a year?

1 week ago 25

Here is more on the story about how much poorer nations will need in to cope with the escalating impact of the climate crisis, by my colleague Fiona Harvey. She reports that the Independent High-Level Expert Group on Climate Finance, a group of leading economists, say $1tn will be needed by 2030 – five years earlier than previously suggested. The huge challenge now will be getting richer nations to pay up.

Day 4 of Cop promises to be quieter, with world leaders flying home after their Tuesday and Wednesday speeches. Events today will focus on climate finance — the key issue for the negotiations.

Continue reading...
Read Entire Article