Conference of Parties to the UN Framework Convention on Climate Change, COP 29, dubbed the “ Finance on COP”, focused on the financial investment and strategies needed for fostering green initiatives, climate adaptation and mitigation proposals/action plans in developing countries.
At this COP, parties agreed on a new climate finance goal: USD 300 billion/year by 2035. However, many argued that this sum was insufficient especially because, developing countries had called for at least USD 1.3 trillion by 2030.
In this interview, Dr. Tornyie speaks on the importance of increasing climate finance to help scale up innovations that can help African countries and other developing countries, meet their energy transition goals.
