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"We are talking about talking": frustrations rise at COP29 over climate finance goals

Author
SBS Audio
Published
Fri 15 Nov 2024
Episode Link
https://www.sbs.com.au/news/podcast-episode/we-are-talking-about-talking-frustrations-rise-at-cop29-over-climate-finance-goals/y0e1cf1zg

Economists have told COP29 that developing countries need at least $1.5 trillion annually by the end of the decade to cope with climate change. The success of this year's UN climate summit therefore hinges on whether countries can agree on a new finance target for richer countries, development lenders and the private sector to deliver each year. But political tensions and disagreements are making progress a challenge.

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