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G20 nations have diluted a crucial climate finance report from leading economists, despite UN calls for urgent action. The report highlights myths hindering climate progress and urges G20 governments to adopt green strategies, yet faced significant revisions after government pushback. With emissions at a record high, the UN warns that immediate and substantial cuts are essential to meet global climate goals.
At COP16 in Cali, tensions rise over the future of the Global Biodiversity Framework Fund (GBFF), established at COP15 but struggling for contributions. Developing nations advocate for a new fund to enhance their influence, while developed countries, like Canada, resist, fearing fragmentation and increased costs. The GBFF has approved only 22 projects, highlighting challenges in accessing funds, with calls for reform to streamline support for biodiversity initiatives.
André Aranha Corrêa do Lago
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G20 faces pressure to enhance climate action amid rising global emissions
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19:36 24.10.2024
countries clash over biodiversity fund at cop16 summit in colombia
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13:24 24.10.2024
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