Hundreds of Billions for Climate Change Seen as ‘Realistic Goal’

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Negotiators will fly to Azerbaijan next month for the COP29 summit to discuss a new funding goal to replace wealthy nations' vow to provide $100 billion a year in climate finance to developing nations

The post Hundreds of Billions for Climate Change Seen as ‘Realistic Goal’ appeared first on Asia Financial.

Global temperatures have climbed about 1.3 degrees Celsius (2.3F) above pre-industrial levels, and 2024 is on track to be the warmest year on record.

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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaAzerbaijanGreeceThailand

Topics: Asia ESG World New Energy Health insights Energy Insights Market Insights Carbon

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 11:38:01 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 386 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 23073470

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