'The clock is ticking': COP29 in race against time to plug multi-trillion-dollar climate finance gap

clock • 9 min read
Activists demand more climate finance for developing nations at COP29 | Credit: Michael Holder
Image:

Activists demand more climate finance for developing nations at COP29 | Credit: Michael Holder

Negotiations over new collective climate finance goal remain at an impasse in Baku, as report claims proposed $1tr by 2030 target is both feasible and cost effective

Entrenched divisions between countries over how to plug the multi-trillion-dollar financing gap blocking the developing world's transition towards net zero emissions are continuing to hamper progress at...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Politics

Study: Could a 'Farage Effect' inadvertently help boost support for electric vehicles?

Study: Could a 'Farage Effect' inadvertently help boost support for electric vehicles?

Anti-EV stance from Reform Party leader Nigel Farage could actually serve to increase public support for electric vehicles, research finds

clock 04 February 2025 • 3 min read
The Catch 22 Chancellor

The Catch 22 Chancellor

The government has taken a raft of positive steps to try and escape the Conservatives' economic doom loop, but Heathrow expansion represents a gamble that could quickly backfire

James Murray
clock 30 January 2025 • 6 min read
What Davos delegates missed when they discussed green finance for business

What Davos delegates missed when they discussed green finance for business

Every year, leaders from politics and business come together with economists, investors and even celebrities at the World Economic Forum in the Swiss resort of Davos

Michael Harrison and Mimoza Shabani, University of East London
clock 29 January 2025 • 5 min read