Skip to main content
See every side of every news story
Published loading...Updated

World losing race to meet climate goals, COP28 president says

  • The president of the upcoming COP28 climate summit stated that the world is failing to meet its climate change goals. Sultan Al Jaber expressed concern about the lack of progress and urgency in tackling climate change.
  • African leaders emphasized the need for changes to the international climate finance system, as Africa is facing severe impacts of climate change but receives only 12% of the necessary financing. They called for a transformation of the global climate financing architecture to meet Africa's needs.
  • At the Africa Climate Summit, several countries pledged financial support for climate resilience and clean energy projects in Africa. The United Arab Emirates committed $4.5 billion, Germany announced 450 million euros, and the United States offered $30 million. African officials plan to push for the expansion of special drawing rights at the International Monetary Fund to unlock $500 billion worth of climate finance.
Insights by Ground AI

13 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 42% of the sources are Center, 42% of the sources lean Right
42% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Channel News Asia broke the news in Singapore on Tuesday, September 5, 2023.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal