From Baku to Belém and beyond: How we turn a climate finance roadmap into reality

Mukhtar Babayev, COP29 President, emphasizes the urgency of accelerating climate action and introduces the Baku Finance Goal to increase support for developing countries. The Baku-to-Belém Roadmap, aiming for $1.3 trillion, engages non-traditional actors and offers practical steps for implementation, addressing challenges like data gaps and continuity in climate efforts. Countries have embraced this collaborative approach, signaling a shift towards more innovative solutions in climate finance. Donors, especially developed nations, are urged to meet financial commitments, with a focus on accountability and innovative strategies to secure $300 billion annually by 2035 for climate finance. The Roadmap is seen as a potential model for enhancing the COP process and driving tangible progress in addressing climate change.

https://www.climatechangenews.com/2025/12/16/from-baku-to-belem-and-beyond-how-we-turn-a-climate-finance-roadmap-into-reality/