Additional financial, technical support imperative to tackle climate crisis: LDC Group
Summary
The Least Developed Countries Group has called for more financial, technical and capacity-building support to help vulnerable nations confront the climate crisis. The group also urged richer countries to scale up climate finance, technology transfer and adaptation funding ahead of COP-31.
Key Points
- The Least Developed Countries Group said developing and vulnerable nations need additional financial, technical and capacity-building support to respond to climate change impacts.
- The declaration from a ministerial meeting in Dili called for predictable grant-based climate finance, stronger support for loss and damage, and accelerated adaptation funding.
- The group urged developed countries to take the lead in meeting the New Collective Quantified Goal on climate finance and to boost support for key climate funds.
- The declaration also highlighted Nepal’s recent glacier-rock avalanche and flood damage, expressing solidarity with affected people.
