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Cost Of Climate Action To More Than Double To €2.4 By 2030

Just under €1 trillion one trillion a year will be needed to keep the planet from warming further. A...
Ben Finnegan
Ben Finnegan

11:35 AM - 9 Nov 2022



Cost Of Climate Action To More...

News

Cost Of Climate Action To More Than Double To €2.4 By 2030

Ben Finnegan
Ben Finnegan

11:35 AM - 9 Nov 2022



Just under €1 trillion one trillion a year will be needed to keep the planet from warming further.

A report by a group at COP27 shows that figure is expected to grow over the next decade.

The Taoiseach Micheal Martin may have left Egypt - but nothing has been agreed at COP27 yet.

A report today by a group on climate finance shows €1 trillion a year is needed to cut emissions, restore nature, and help build climate defences.

By 2030 - that figure will more than double to €2.4 trillion a year.

For the first time ever the idea of climate compensation is on the agenda at COP - with rich countries - the biggest emitters of carbon urged to fund repairs and defences in poorer countries hit with the brunt of climate disasters.



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COP27 Climate Climate Action Egypt Environment Global Warming

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