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COP29: Baku breakthrough disappoints, but should still trigger a fresh wave of climate finance.

Green groups have condemned the COP29 finance package as a betrayal of
developing nations, but it has the potential to provide a big chunk of the
trillions of dollars of climate investment the world needs. Is new climate
accord delivered in Baku ‘bad deal’? Would no deal have been better? Did
the new finance package agreed at COP29 amount to a ‘global Ponzi scheme’?
As ever, it’s complicated.

 Business Green 24th Nov 2024 https://www.businessgreen.com/news/4382153/cop29-baku-breakthrough-disappoints-trigger-fresh-wave-climate-finance

November 25, 2024 - Posted by | climate change

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