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03 AUG 2026 MONDAY
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Given the trillion-dollar gap between the Global South’s demands and the Global North’s proposal for a new climate finance target, the 29th Conference of the Parties (COP29) has run into overtime in one last attempt at bridging the divide and finding common ground all parties can get behind. The calls for the Global North to pay up for climate damages have reached a crescendo.
Global South Global North Paris Agreement Global Climate Action Loss Azerbaijan Baku View Damage Fund Global Witness High Level Celebrating Progress Razan Al Mubarak Climate Change Red Sea
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news Offshore Energy ·2024-11-23

Carbon markets are a go but trillions at stake: Will ‘climate finance COP’ deliver the goods at the eleventh hour?

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