UN Secretary-General António Guterres has called on developed countries to take concrete steps to fulfill the financial commitments agreed upon at COP29 in Baku as part of efforts to combat climate change, APA reports.
Guterres made the remarks during his speech at the COP31 Leaders' Summit.
"Developed countries must fulfill their commitments to provide at least USD 300 billion annually by 2035, while also presenting plans with concrete milestones to at least triple climate adaptation financing by that date.
The USD 1.3 trillion financing target must translate into real financial flows to developing countries. To achieve this, all sources of finance must fulfill their responsibilities," the Secretary-General noted.
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