Africa > COP29: Developing countries demand more transition finance to stop exploiting fossil fuels

COP29: Developing countries demand more transition finance to stop exploiting fossil fuels

Published 11:23 on November 15, 2024  /  Last updated at 11:23 on November 15, 2024  / /  Africa, Americas, Asia Pacific, EMEA, International

Developing countries relying on oil and gas extraction for state revenues need technical and financial support to phase it down — even if they are keen to follow through on last year's COP28 global commitment to pursue a just and orderly transition away from fossil fuels, according to experts at COP29.
Developing countries relying on oil and gas extraction for state revenues need technical and financial support to phase it down — even if they are keen to follow through on last year's COP28 global commitment to pursue a just and orderly transition away from fossil fuels, according to experts at COP29.


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