Africa > COP29: Developing countries need much more grant-based finance than previously estimated, study claims

COP29: Developing countries need much more grant-based finance than previously estimated, study claims

Published 13:31 on November 18, 2024  /  Last updated at 13:31 on November 18, 2024  / /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International

Developing countries need up to $1.5 trillion per year of solely grant-based climate finance as they struggle to attract investment and cope with growing debt, according to a new study that claims previous estimates are far too low.
Developing countries need up to $1.5 trillion per year of solely grant-based climate finance as they struggle to attract investment and cope with growing debt, according to a new study that claims previous estimates are far too low.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.