COP29: UAE Calls Climate Finance Meeting In Buildup To Talks

The United Arab Emirates will bring together country representatives and leaders from global financial institutions at a special meeting in June in a bid to scale up finance commitments at this year’s round of climate talks.

The idea is to pave the way for a dramatic acceleration of climate finance for developing countries at COP29 in Baku, Azberbaijan. The new goal, designed to replace the current target of $100 billion a year, is seen as…