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COP29 to usher in new era of climate finance - Wopke Hoekstra

Wopke Hoekstra, European Commissioner

© APA | Wopke Hoekstra, European Commissioner

24 November 2024 04:20 (UTC +04:00)

COP29 will usher in a new era of climate finance, said the European Commissioner, Wopke Hoekstra, at the closing plenary session of COP29, APA reports.

"The European Union and its Member States will continue to play a leading role in this process. We have worked actively with all participants to significantly increase the volume of financing. We have tripled the target of 100 billion dollars and consider this target ambitious, necessary, realistic and achievable," he noted.

The European Commissioner stressed that all countries with the capacity should contribute to climate finance.

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