Reflections on Cop29 Finance Day


credit: ChinaFile

The day brought together government leaders, financial institutions, and climate experts to discuss how to scale up financial resources, ensure equitable access, and strengthen climate resilience, particularly in vulnerable nations.

With a focus on innovative funding mechanisms, accountability, and the mobilisation of climate finance, Finance Day underscored the urgency of aligning global financial systems with the climate crisis.

It aimed to establish a new global financial target to replace the $100 billion annual goal set in 2009.

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