With all eyes on Brazil, COP29 must deliver on climate finance

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 40 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 61%
  • Publisher: 86%

COP29 News

Azerbaijan,Brazil,Climate Change

'I am at best cautiously optimistic,' says Environment Secretary Toni Yulo-Loyzaga, head of the Philippine delegation to COP29

This is AI generated summarization, which may have errors. For context, always refer to the full article.

Money makes a warming world go round. This couldn’t be any more true for this year’s United Nations Climate Change Conference or COP29, where leaders from all over the world gather in Baku, Azerbaijan, to negotiate how much money poor nations need to deal with climate change. “I am at best cautiously optimistic,” Loyzaga said in a statement sent to Rappler on Friday, November 8.

Parties would have to secure climate finance mechanisms ahead of COP30, when countries are expected to finalize their targets toAside from these concerns, Donald Trump’s reelection may pose another threat to meeting emission reduction targets. To recall, Trump formally withdrew the United States from the Paris Agreement in 2020. The US country rejoined in 2021 after President Joe Biden

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Climate change finance could land at ‘hundreds of billions,’ COP29 leaders sayLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Source: gmanews - 🏆 11. / 68 Read more »