FOR IMMEDIATE RELEASE
13 November, 2024
Baku, Azerbaijan – ACT Alliance will be holding a media action at COP29 clearly demonstrating visually and through stories that the prettily wrapped finance packages offered by rich countries don’t meet the needs of vulnerable countries, who urgently need support to deal with the growing impacts of climate change.
The media action will consist of activists with banners, chanting, and unwrapping climate finance “gifts” from rich countries to illustrate what has been offered thus far, but then transforming the conversation to show what is actually needed to ensure climate justice is at the heart of climate finance. Speakers will be available for interviews during and after the stunt.
Where: Action zone 2, in area B in the Blue Zone
When: November 14, 13h00-13h30 AZT
Climate finance is essential to implementing climate action, yet so far rich countries have failed to deliver what is needed for developing, vulnerable countries. As COP29 negotiates the NCQG, the call is clear: for quality funding at a sufficient level to meet the needs of developing countries for mitigation, adaptation, and loss and damage.
Developed countries must fulfil their commitments under the Paris Agreement, and the NCQG must ensure clear definitions of finance, transparency, grant-based and publicly funded finance to meet the actual needs of developing countries.
At COP29, ACT Alliance will be reiterating its call for rich countries to pay up, with finance that actually meets the needs of developing countries.
Media contact:
Simon Chambers, Director of Communications, ACT Alliance
WhatsApp: +1-416-435-0972
Email: simon.chambers@actalliance.org
