Opinion / 全球
Geopolitical turmoil must not be allowed to distract global decision-makers from the urgent imperative of tackling climate change. There is no excuse for letting COP29 conclude without delivering ambitious, credible financing commitments to support climate action – including the clean-energy transition – in developing economies.
To achieve global climate goals, we can no longer ignore the people most exposed to the dire consequences of rising temperatures. As developed countries set new climate-finance targets at COP29, they should also devise more inclusive financial services and products to ensure that resources reach vulnerable communities.
Azerbaijan's environment minister and COP president, Mukhtar Babayev, argues that while the multilateral system has its flaws, it is the best framework to tackle climate change.
If policymakers and ESG proponents fail to ensure that the ESG agenda is equitable and credible – directly benefiting working class and rural communities – the credibility of ESG will deteriorate further.
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