COP29, the UN Climate Change Conference, taking place in Baku, Azerbaijan, in November has been described by some as a ‘transitional’ COP; a follow-on from the global stocktake negotiated at COP28 10 months ago, and the precursor to next year’s deadline for setting out new, more ambitious national climate targets at COP30 in Brazil in 2025.
Developing countries need cheaper loans – or the world will miss its climate targets
Private investment is key to closing the vast gap in climate finance, but too little is reaching the world’s most vulnerable countries. COP29 is an opportunity to change this, writes Thierry Watrin.
The World Today
Published 9 September 2024 — 4 minute READ
Image — With more investment in climate adaptation and early warning systems, the impact of the catastrophic floods which hit Rwanda in May 2023 would have been much reduced, argues Thierry Watrin. Photo: Mariam Kone /AFP via Getty Images.
