Climate finance: Tough negotiations, mor • Table.Briefings

Protective walls against flooding, such as here in Indonesia, are becoming increasingly important as sea levels rise. At COP29, there was now new money for climate adaptation.

Time is running out on the new climate finance target. Negotiations are tough. A high-level panel of experts sets out the urgency and need for more climate financing. While Sweden pledges a large sum, Azerbaijan has to put a climate fund on hold for the time being.

At COP29, negotiators are struggling to find possible pieces of the puzzle for a solution to climate finance. The official negotiations have started in earnest, but are proceeding very slowly and are behind schedule. Sweden provided a positive sign. A new climate fund announced by the COP host was postponed – while a new report by a high-level group of experts once again makes it clear how much money is needed.

Climate finance: Tough negotiations, more pressure from the outside

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