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Only $69M of $400B Climate Deal Reaches Communities

5/13/2025

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Summary

Story summary

A staggering $400 billion climate finance deal from COP29 is struggling to deliver for vulnerable communities grappling with climate disasters, with just $69 million received so far. As COP30 approaches in Brazil, there’s a pressing need to focus on local expertise and ensure equitable financing, transforming promises into meaningful action.

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Story summary

A staggering $400 billion climate finance deal from COP29 is struggling to deliver for vulnerable communities grappling with climate disasters, with just $69 million received so far. As COP30 approaches in Brazil, there’s a pressing need to focus on local expertise and ensure equitable financing, transforming promises into meaningful action.