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European Commissioner: “COP29 will be remembered as the beginning of a new era in climate finance”

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European Commissioner: “COP29 will be remembered as the beginning of a new era in climate finance”

“The 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29) will be remembered as the beginning of a new era in climate finance.”

The “Report” reports that the European Commissioner for Climate Affairs, Vopke Hukstra, stated this at the closing plenary session of COP29, the meeting of the Parties to the Kyoto Protocol (CMP19) and the meeting of the Parties to the Agreement Paris (CMA6).

He said the world is currently going through an extremely difficult geopolitical period and at such a time it is not right to be stuck in the hope that the situation will improve. We have increased the US dollar target. realistic goal. We also agree to increase funding in the future. will be.”

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