UN climate chief asks G20 leaders for boost as finance talks lag – Times of India
The UN's climate chief called on leaders of the world's biggest economies on Saturday to send a signal of support for global climate finance efforts when they meet in Rio de Janeiro next week. The plea, made in a letter to G20 leaders from UN Framework Convention on Climate Change Executive Secretary Simon Stiell, comes as negotiators at the COP29 conference in Baku struggle in their negotiations for a deal intended to scale up money to address the worsening impacts of global warming. "Next week's summit must send crystal clear global signals," Stiell said in the letter. He said the signal should support an increase in grants and loans, along with debt relief, so vulnerable countries "are not hamstrung by debt servicing costs that make bolder climate actions all but impossible". Business ...