Webinar: Unlocking Finance for Climate-Vulnerable Nations at COP29 and Beyond – May 22, 9am EDT | 3pm CEST | 2pm BST

Today the Allied for Climate Transformation By 2025 (ACT2025) consortium released a Call to Action for leaders to ensure decisions made at the COP29 summit respond to the urgent needs of climate-vulnerable developing countries.

The stakes in Baku could not be higher. Finance and support are essential to implement ambitious national climate plans and adapt to increasingly severe climate impacts.

ACT2025’s Call to Action lays out four key priorities:

• Set a new climate finance goal that is ambitious and responds to what is needed to confront the climate crisis.
• Advance just and equitable ambition in line with the Paris Agreement, with G7 and G20 countries leading on new and enhanced national climate plans (NDCs).
• Drive people-centered and livelihood-sustaining adaptation, through action and support that closes the adaptation implementation and finance gap.
• Address loss and damage with sufficient action and support, by bolstering the Loss and Damage Fund launched at COP28.