www.bloomberg.com
According to Bloomberg Green’s Jennifer Dlouhy and Akshat Rathi on the Zero podcast, COP30’s legacy will likely depend on its ability to mobilize significant financing for developing nations. Success hinges on wealthy countries delivering on existing climate finance pledges and establishing new mechanisms for loss and damage. Whether COP30 is remembered as a pivotal moment for global climate action or just another talking shop rests on concrete action, particularly bridging the massive investment gap required for developing nations to transition to sustainable economies and adapt to climate impacts.
