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"We are talking about talking": frustrations rise at COP29 over climate finance goals
Nov 15 2024
Length: 7 mins
Podcast

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"We are talking about talking": frustrations rise at COP29 over climate finance goals

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Summary
Economists have told COP29 that developing countries need at least $1.5 trillion annually by the end of the decade to cope with climate change. The success of this year's UN climate summit therefore hinges on whether countries can agree on a new finance target for richer countries, development lenders and the private sector to deliver each year. But political tensions and disagreements are making progress a challenge.

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