ArticleLaxmikant Jawale | Lewis Perkins | April 17, 2025
Last fall, nearly 200 nations came together for UNFCCC COP29 in Baku, Azerbaijan, to discuss how we can align climate finance contributions with proposed action — particularly in emerging markets where there is an estimated need of US$2.8 trillion a year by 2030 to become low-carbon economies. However, 2024’s “finance COP” ended with a fizzle, with a $300 billion a year deal, criticized by many as being inadequate.
