Find $1 trillion/year for developing world by 2030, COP29 told

An independent expert group, tasked with proposing ways to finance climate action post-2025, has put forth some key figures. They suggest aiming for $1 trillion annually by 2030, increasing to $1.3 trillion by 2035, to support developing nations in achieving the Paris Agreement goals. Interestingly, this amount represents a mere 1% of the global GDP.

Nov 20, 2024 - 15:01
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Find $1 trillion/year for developing world by 2030, COP29 told
An independent expert group, tasked with proposing ways to finance climate action post-2025, has put forth some key figures. They suggest aiming for $1 trillion annually by 2030, increasing to $1.3 trillion by 2035, to support developing nations in achieving the Paris Agreement goals. Interestingly, this amount represents a mere 1% of the global GDP.

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