Show us the money: Developing world at COP27 seeks finance details

  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Finance took centre stage at the COP27 climate talks on Wednesday, with U.N. experts publishing a list of projects worth $120 billion that investors could back to help poorer countries cut emissions and adapt to the impacts of global warming.

A police officer stands in front of the entrance of the Sharm El Sheikh International Convention Centre during the COP27 climate summit in Egypt's Red Sea resort of Sharm el-Sheikh, Egypt November 9, 2022. REUTERS/Emilie MadiEmerging markets demand more help to pay for transitionSHARM EL-SHEIKH, Egypt, Nov 9 - Finance took centre stage at the COP27 climate talks on Wednesday, with U.N.

After a year of meetings with stakeholders around the world, they released the initial list so that banks and others can assess the projects. Getting money to low- and middle-income countries so they can build infrastructure, such as renewable energy plants needed to replace fossil fuels, has long been a focus for the U.N. climate talks. But progress has been slow.

World Bank President David Malpass addressed delegates on Wednesday, running through the bank's climate efforts and involvement in a partnership under which Western nations would provide $8.5 billion to South Africa for its energy transition.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 559. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Namibia secures $544 million in climate finance at COP27Namibia said at the COP27 summit on Tuesday that it had secured over 540 million euros ($544 million) in climate finance from the Dutch government and European Investment Bank. Bye bye beautiful Namibia, another one bites the dust😥
Fonte: ReutersScience - 🏆 559. / 51 Consulte Mais informação »