Asia Pacific nations face mounting climate costs as the world crosses the 1.5°C threshold, with extreme weather driving inflation, disaster risks and a US$815 billion annual financing gap for adaptation and resilience.
Nation-states have too much sway over international climate talks, which should give a more prominent role to businesses and other non-state actors to achieve progress, legal scholars say.
Delegates at the 61st meeting of the Intergovernmental Panel on Climate Change (IPCC) in Sofia, Bulgaria have failed to agree on a timeline for the upcoming seventh assessment report.