{
Rebecca Thissen

People

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G20 leaders support climate finance goal but lack concrete commitments

G20 leaders in Rio issued a brief statement supporting the COP29 finance goal but provided no concrete guidance, disappointing climate advocates. While some analysts saw potential in the leaders" backing for taxing the ultra-rich to fund climate action, the lack of commitment to shift from fossil fuels was noted as a setback. COP29 President Mukhtar Babayev urged for clearer mandates to unlock finance negotiations, emphasizing the urgency of decisive progress to avoid catastrophic climate outcomes.
Climate Home News
United States Dollar Reuters AZE BRA Andreas Sieber Harjeet Singh Mukhtar Babayev Ani Dasgupta Rebecca Thissen Show more
Finance & Economy, News Article
06:17 19.11.2024
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