COP29: What does the $300B mean for the global south?

This was the last remaining window for the North to step up, pay its fair share, and restore some semblance of trust in the multilateral process. They have failed. As the conference ended in the wee hours of November 24, close to 36 hours beyond the scheduled closure,...

Why everyone exaggerates “climate finance”

Tackling climate change requires not just new technology or political will but money—more money than many poor countries have. This means new sources of finance must be found if we are to keep global temperature rises within limits like 1.5 or even 2 degrees Celsius....