COP29: Swiss NGOs call for strong financial support
Keystone-SDA
A few days before the annual UN climate conference in Baku (Azerbaijan), Alliance Sud and WWF are calling for $1,000 billion a year to help the countries of the South. Switzerland is called upon to do more.
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The UN’s annual climate conference, which opens on Monday and runs until November 22, is due to conclude with a new target for financial aid to developing countries for the period after 2025.
This new target will replace the $100 billion annual target set in 2009, which was painfully missed until 2022.
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“It’s clear that the new collective financing target to be ratified at COP29 requires a completely different dimension from the one adopted so far,” says Laurent Matile of Alliance Sud in a statement issued on Thursday.
The Swiss aid NGOs point out that it is the poorest who are most affected by the climate crisis.
Translated from French by DeepL/mga
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