Category: COP29

African Ministers call for $1.3 trillion Climate Finance Target

At the African Ministerial Conference on the Environment, Ministers called for a new climate finance target of not less than US$1.3 trillion annually. This aligns with numbers put forward by India and the Arab Group, but developed countries have been overwhelmingly silent on what amounts they intend to propose.
  • Climate Finance, COP29

African Group of Negotiators Put Forward COP29 Positions

The African Group of Negotiators has settled on a set of positions it will take to COP29 in November in Baku. Reaching a fair, equitable and fit for purpose new finance goal remains front and centre. The group is also keen to reach agreement on key elements needed to operationalise the Global Goal on Adaptation, the Loss and Damage Fund, and Article 6 on carbon markets.
  • COP29

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