The final draft text for COP29 shows there has been limited progress made on funding, a failure given that this was meant to be the ‘finance COP’
Least developed countries and small island nations will be prioritised but the finance proposal omits to say how much money will be provided
When the country takes over the presidency from Brazil in 2025, it should focus on reforming the global financial architecture
While COP27 saw some major milestones achieved, there were also worrying breaches in commitments to tackle the real sources of climate change