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Stay updated on the latest business and policy preparations for COP28, including net-zero targets, science-based emissions goals, and crucial discussions on global climate action and sustainable development.
Global warming is leading to ever more extreme natural events and more damage. Countries in the Global South are demanding compensation for climate change they say wealthier nations, like Germany, caused.
Vulnerable nations worry about pricey premiums, ineffective schemes and rich countries’ motivations.
How to address the financial challenges encountered by the Global South in the fight against climate change? This thorny question lies at the heart of the discussions to be held in Paris on June 22 and 23.
Climate negotiators have agreed to establish a fund to compensate developing and climate-vulnerable countries hit hardest by worsening weather extremes. But what does that mean exactly?