Find $1 trillion/year for developing world by 2030, COP29 told
Friday, 15 November 2024 An independent expert group, tasked with proposing ways to finance climate action post-2025, has put forth some key figures. They suggest aiming for $1 trillion annually by 2030, increasing to $1.3 trillion by 2035, to support developing nations in achieving the Paris Agreement goals. Interestingly, this amount represents a mere 1% of the global GDP.
A new report from the International Chamber of Commerce says that climate-related extreme weather events cost the global economy $2 trillion over the past decade. Veuerβs Matt Hoffman has the story.
Discover the staggering 45 trillion dollars of wealth looted by the British from India during 200 years of colonial rule, a figure that still shocks the world.Β Zee News