COP31: UN chief demands $1.3tn finance for developing countries
UN Secretary-General António Guterres has demanded $1.3tn in climate finance for developing countries at the COP31 summit in Türkiye. Read More: https://punchng.com/cop31-un-chief-demands-1-3tn-finance-for-developing-countries/
United Nations Secretary-General António Guterres has demanded a staggering $1.3tn in financing for developing nations at the 31st United Nations Climate Change Conference, COP31, in Antalya, Türkiye. Guterres urged global emissions to decline by six percent annually, warning that current national climate pledges were insufficient to prevent dangerous temperature increases.
He emphasized that developed countries must deliver at least $300bn annually in climate finance by 2035, and triple adaptation finance by that time. Guterres stressed that the $1.3tn goal must become real funding for developing countries, and every source of finance must contribute equally.
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