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Climate Watch: Countries must double adaptation finance to $40bn, says Antonio Guterres

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Nigeria's independent online newspaper

Climate change directly affects our communities, health, and livelihoods. Yet, media coverage often prioritises politics and business over climate-related stories, leaving crucial environmental news underreported.

At COP29, countries have agreed on a new global carbon market framework that will reward nations cutting down emissions. climate action. Stiell, who described the decision as “significant,” emphasised the need for climate investment to flow to where it is most needed. Read moreNigeria’s delegation at the ongoing COP29 in Baku, Azerbaijan, is the largest in Africa despite having a significant reduction from the figure that attended the 2023 edition. An analysis by TheCable shows that Nigeria ranks ninth overall with 634 delegates and has the largest delegation from Africa, followed by Uganda with 412 delegates.

 

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COP29: Multilateral banks pledge $120bn climate finance to low, middle income countriesThe world's top development multilateral banks (MDBs) have pledged to boost climate finance to low- and middle-income countries by $120 billion per year by 2030.
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