COP29: Will the ‘finance’ COP deliver?

Clara Browne-Amorim

Reporter at Uxolo

In:

Climate finance

Region:

Middle East & Africa, Americas, Asia-Pacific, Europe

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At COP28 countries for the first time addressed the massive elephant in the climate room – fossil fuels, albeit in less than fierce wording. This year, in Azerbaijan, attention is being turned to finance. But hopes of raising at least a $1 trillion of climate finance for developing countries look strong on ambition and short on realisation.