A study shows that by 2050, the Global North will owe the Global South US$192 trillion in reparations, translates to US$5 trillion annually
Parties to the United Nations climate negotiations prepare for COP29 climate summit in Baku without significant progress on climate finance.
African negotiators are calling for $1.3 trillion per year in the new climate finance goal in the coming COP29 at Baku in Azerbaijan
AfDB will administer the new financing and oversee the program, which is set to begin in the first quarter of 2025
The third most likely last meeting will be in Bonn, Germany, from September 3-6 where Santiago Network will convene before COP29