COP29 climate talks: What new taxes could help raise money to fight climate change?
The COP29 climate talks in Azerbaijan aim to agree an annual finance target of $1 trillion or more a year to help poorer countries respond to global warming. Some see new taxes as one way to get there.
Money to respond to climate change is key. Here’s how nations are raising it
Big money to respond to climate change is key to the United Nations talks underway in Azerbaijan. Vulnerable nations say they need as much as $1.3 trillion to cope with damage they've already suffered from extreme weather events,
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Indigenous peoples, impacted by climate change, raise alarm about the planet at COP29
Antumalen Ayelen Antillanca Urrutia, 26, of Huapi Island, Chile, from the Mapuche Huilliche community, poses for a photo during the COP29 U.N. Climate Summit Tuesday, Nov. 12, 2024. in Baku, Azerbaijan. (AP Photo/Rafiq Maqbool)
Money to respond to climate change is key to UN talks in Baku. Nations are finding ways to raise it
It involves a complex package of grants, loans and private investment, and it's becoming the major currency at annual United Nations climate talks known as COP29. But poor nations worry they’ll get the short end of the lever: not much money and plenty of debt.
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