South Africa is stepping up its call for stronger global climate funding ahead of COP29, the UN’s pivotal climate conference in Baku this November. 🔥 The nation’s Minister of Forestry, Fisheries and the Environment, Dion George, stressed that current climate financing is “insufficient in both scale and effectiveness” for developing economies battling climate impacts.
💡 At the heart of the discussion? A New Collective Quantified Goal on Climate Finance — a funding blueprint aimed at boosting resources for countries like South Africa to meet climate targets, build resilience, and transition to clean energy. George likened the plan to a “blockbuster sequel” needing bigger stakes and better execution: “We need grants and financing that can de-risk investments and unlock clean tech revolutions.” 💸
Why it matters for the #GlobalSouth? Many nations rely on international support to hit climate goals, but red tape and broken promises often stall progress. 🌱 South Africa argues that COP29 must deliver “predictable, accessible funding” to turn pledges into action. “The clock is ticking,” George warned, urging richer nations to step up.
The stakes? High. With COP29 dubbed the “Finance COP,” the world will watch whether leaders can bridge the gap between climate rhetoric and reality. 🌏✨
