COP28: Climate finance took centre stage on Day 5
COP28: Climate finance took centre stage on Day 5
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Natural Gas News
COP28: Climate finance took centre stage on Day 5
Summary
It was the first time the finance sector attended a COP in such vast numbers. by: Charles Ellinas
The spotlight was on Climate Finance on Day 5 of the UN COP28 climate summit in Dubai. And money talked. It was the first time the finance sector attended a COP in such vast numbers. That led to a plethora of money pledges and funding initiatives. Energy transition, climate adaptation, loss and damage, and disaster relief in general, require huge funding and investments to turn ambition into action. The ‘Climate Policy Initiative’ estimated that about $2.4 trillion w...
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