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Last update: November 14, 2024

Climate finance: Tough negotiations, more pressure from the outside

Protective walls against flooding, such as here in Indonesia, are becoming increasingly important as sea levels rise. At COP29, there was now new money for climate adaptation. (IMAGO / NurPhoto)
Time is running out on the new climate finance target. Negotiations are tough. A high-level panel of experts sets out the urgency and need for more climate finance. Read in Table.Briefings why Sweden is sending a positive signal, but the COP presidency is not.
Nico Beckert
Nico
Beckert
At COP29, negotiators are struggling to find possible pieces of the puzzle for a solution to climate finance. The official negotiations have started in earnest, but are proceeding very slowly and are behind schedule. Sweden provided a positive sign. A new climate fund announced by the COP host was postponed - while a new report by a high-level group of experts once again makes it clear how much money is needed.
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