Many developed countries argue that private investment will bridge the climate financing gap so as to eveade the historical responsibilities
UNEP Adaptation Gap Report launched days ahead of COP29 has emphasized how important it is for significant scaling-up of adaptation.
CAN welcomed COP16’s decision to align biodiversity and climate goals across the UNFCCC and CBD, connecting COP16 with COP30
As the world gears up for this COP29, negotiators, climate activists, and world governments have trained conversations on climate finance
Pacific Islands championed the moratorium at COP16, citing a number of uncontrolled geoengineering experiments that pose significant risks
António Guterres, UN Secretary-General, emphasized, that the emissions gap is not abstract pointing out intense climate disasters witnessed
According to expert views, the $100 billion climate finance target was not based on actual needs but rather a political commitment
Commonwealth nations of low-and middle-income need support as they face crippling debt, worsened by colonial legacies, climate-related losses
A lack of transparency regarding what qualifies as climate finance, combined with a heavy reliance on loans rather than grants issues
With the transition to green energy taking center stage in discussions on mitigation and sustainability there are high expectations for COP29