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.


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