If the UN climate summit COP28 was the “fossil fuel” COP, then COP29 will be the “finance COP”, as deadlines for key decisions will need to be met.
The latest round of climate talks at COP28 in Dubai had barely begun when President Sultan Al-Jaber pulled off a rare coup as the new fund to pay the most vulnerable countries for “loss and damage” such as sea-level rise and acidification of the sea was made official.