UN Climate Secy gives call to 'step up, scale up' climate finance

With over a trillion dollars invested in climate action last year globally, a UN official affirmed that international climate finance must grow up, step up, and scale up, to ensure a transition where more countries and companies benefit, and where all peoples and communities are genuinely protected.

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“At COP29 in Baku, all governments must agree on a new goal for international climate finance that truly responds to the needs of developing countries. COP29 must be the stand-and-deliver COP, recognising that climate finance is core business to save the global economy and billions of lives and livelihoods from rampaging climate impacts,” said UN Climate Change Executive Secretary Simon Stiell in remarks at the Brookings Institutio