UN chief: COP29 to present new opportunities for climate finance plan

The COP29 climate conference will present new opportunities for climate action financing plan, UN Secretary-General Antonio Guterres said during an expanded outreach meeting in the Outreach/BRICS plus format, Report's correspondent in Kazan informs.

In just a few weeks, the conference (COP29) will take place, and then a new countdown will begin to present new plans. The conference will present new opportunities for the financing plan, said the secretary-general.

He noted that every country has expressed commitment to keeping global warming within 1.5 degrees.

This requires serious action to reduce emissions, and G20 must lead this work, he emphasized.

The UN Secretary-General noted that developed countries must fulfill their obligations in fighting climate change and double their funding for these purposes.

It is also necessary to fund the loss and damage fund. Every country should have access to technological advantages. The Global Digital Compact is designed to strengthen international cooperation and capacity, Guterres added.