Pacific Atoll Nations Face $10 Billion Cost to Combat Rising Seas: World Bank Report
World Bank report reveals Pacific atoll nations need $10 billion to adapt to rising sea levels, equivalent to 20 years of their GDP.
News & Insights Across Asia
World Bank report reveals Pacific atoll nations need $10 billion to adapt to rising sea levels, equivalent to 20 years of their GDP.
China’s Vice Premier Ding Xuexiang has reaffirmed China’s unwavering commitment to combating climate change at COP29, emphasizing that the nation’s resolve “will not waver” regardless of global shifts.
At COP29 in Baku, China called for global efforts to strengthen early warning systems and enhance climate adaptation capacities, proposing key initiatives to combat climate change.
At the COP29 summit in Baku, Azerbaijan, nations have endorsed key carbon credit standards, paving the way for a UN-backed global carbon market aimed at reducing greenhouse gas emissions.
China’s special envoy for climate change, Liu Zhenmin, urges developed and developing nations to collaborate on addressing climate change ahead of COP29 in Azerbaijan.
Rwanda calls for a new global climate finance goal at COP29 in Baku, advocating for support that includes loss and damage, and emphasizing transparency and long-term solutions for vulnerable nations.
Boris Titov, chair of the Russia-China Friendship Committee, praises China’s proactive actions in addressing climate change, highlighting early achievements and ambitions ahead of COP29 in Azerbaijan.
Nearly 200 countries will gather in Baku, Azerbaijan, from November 11 to 22 for COP29. Focusing on enhancing ambition and enabling action, the conference aims to address global climate challenges.
Former UN official Erik Solheim emphasizes the vital role of youth in sustainable development at a Hangzhou forum, urging nations to enhance efforts in biodiversity protection ahead of COP29 in Azerbaijan.
Azerbaijan plans to launch unified global standards for sustainable investment at COP29, aiming to simplify green financing and collaborate with over 100 countries to develop new taxonomy principles.
South Africa is calling for stronger climate finance commitments at COP29, emphasizing the need for new financial models to support developing economies in addressing climate change.
China urges developed countries to fulfill their climate finance commitments, warning that failure to do so undermines global efforts to combat climate change ahead of COP29.