Climate pact needs 'hundreds of billions' in state money: COP29 hosts
Paris (AFP) Oct 14, 2024
The hosts of the coming UN climate summit said Monday that a hard-fought finance pact for poorer countries must include "hundreds of billions" of dollars from wealthy governments. Nearly 200 countries are supposed to agree at COP29 how much money should flow every year from rich nations to poorer ones to help them prepare for climate change. But little progress has been achieved so far i
The hosts of the coming UN climate summit said Monday that a hard-fought finance pact for poorer countries must include "hundreds of billions" of dollars from wealthy governments. Nearly 200 countries are supposed to agree at COP29 how much money should flow every year from rich nations to poorer ones to help them prepare for climate change. But little progress has been achieved so far i