COP28: Ramaphosa urges for “new, at scale and appropriate finance” to back vulnerable nations - News Summed Up

COP28: Ramaphosa urges for “new, at scale and appropriate finance” to back vulnerable nations


Historically, industrialized nations have spewed out the most carbon emissions that are trapping heat in the atmosphere. He is among more than 170 world leaders set to address the United Nations climate conference in Dubai. Sultan al-Jaber, the president of the COP28 climate conference in Dubai, said Thursday (Nov 30) that $420 million were commited in the first hour of the announcement. "There can be no substitute for new, predictable, at scale and appropriate public finance to support and help developing economy countries build climate resilience. However, the leaders of the two biggest carbon-polluting nations — responsible for more than 44% of the world's emissions — aren't there to get the in-person message.


Source: Ethiopian News December 02, 2023 14:19 UTC



Loading...
Loading...
  

Loading...