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BAKU, Azerbaijan -- For the third straight year, efforts to fight climate change haven't lowered projections for how hot the world is likely to get — even as countries gather for another round of talks to curb warming, according to an analysis Thursday, November 14, 2024.At the United Nations climate talks, hosted in Baku, Azerbaijan, nations are trying to set new targets to cut emissions of heat-trapping gases and figure out how much rich nations will pay to help the world with that task.
A special independent group of experts commissioned by United Nations Secretary-General Antonio Guterres issued its own estimate of costs and finances on Thursday, calling for a tripling of the old commitment.“Advanced economies need to demonstrate a credible commitment” to helping poor nations, the report said.A coalition of developing nations at the Baku talks is asking for $1.3 trillion in annual climate finance.
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