Every annual meeting of the United Nations Framework Convention on Climate Change (UNFCCC) brings a chorus of scorekeeping. Did negotiators and other stakeholders create a new sense of momentum for avoiding or minimizing anthropogenic climate change? The host United Arab Emirates (UAE) has made clear that it intends to make progress on climate finance at COP28. The availability of low-cost capital is vital for responding to climate change by building low-carbon and climate-resilient infrastructure. Notes[1] Sultan Ahmed Al Jaber, “Letter from the President-Designate of COP28/CMP18/CMA5, and UAE Special Envoy for Climate Change,” United Nations Climate Change, October 17, 2023. https://unfccc.int/documents/632560.

Source: The Guardian November 14, 2023 15:10 UTC