World

Global leaders gather for climate finance summit as funding gap widens

Delegations from more than 100 countries are meeting to discuss how to close a growing shortfall in money for climate adaptation.

By Red Pepper News Staff·
Delegates take their seats at the opening session.
Delegates take their seats at the opening session.Photo: Unsplash

Delegations from more than 100 countries opened talks this week focused on climate finance, with negotiators describing the gap between pledges and delivered funding as the central issue.

Officials attending the meeting said discussions would cover adaptation funding for vulnerable nations, the role of development banks, and private capital.

What is on the table

Several proposals are being circulated, according to published agendas, though no agreement has been announced. Observers cautioned that positions remain far apart.

Talks are expected to continue through the week.

climatefinancediplomacy

Focus: climate finance summit

Reader comments

    Related stories