Published: March 26th, 2024,
Last updated: May 28th, 2025

Eight months before the start of COP29 in Baku, the debate on the central issue of climate financing is slowly heating up. At an informal meeting of ministers and top negotiators from about 30 countries at the end of last week in Copenhagen, it became clear that the battle for funds will be fought tooth and nail. In a letter to the delegations – a „vision“ obtained by Climate Briefings – the presidencies of COP28, COP29 and COP30 put forward a demand that industrialized countries should significantly increase their engagement on financing compared to what they have done so far.