Get all your news in one place.
100's of premium titles.
One app.
Start reading
Radio France Internationale
Radio France Internationale
Environment
RFI

Developing nations need 'trillions' as climate finance takes centre stage at Cop28

People are silhouetted against a logo for the COP28 U.N. Climate Summit, Wednesday, Nov. 29, 2023, in Dubai, United Arab Emirates. (AP Photo/Rafiq Maqbool) AP - Rafiq Maqbool

Money pledges grabbed the spotlight at Cop28 in Dubai on Monday as delegates turned their focus to the yawning gap in the need for climate finance and what's on offer.

The United Arab Emirates – the host of this year's conference – pledged $270 billion in green finance by 2030 through its banks, and several development banks made fresh moves to scale up their funding efforts, including by agreeing to pause debt repayments when disaster strikes.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.