#PayUpAndPhaseOut

COP29 Explainer: Why we can’t rely on the private sector to finance the energy transition The deadline for a new climate finance goal (NCQG) at COP29 means the rich countries most responsible for the climate crisis are being called on to pay their fair share for a fossil fuel phaseout and…

#COP29 in Baku is all about getting the money needed to finance an energy transition. OilChange.bsky.social's analysis shows how private sector finance won't be enough. Governments must put public funds on the table for a just energy transition. #PayUpAndPhaseOut

www.oilchange.org/blogs/cop29-...