New York Hosts Crucial Climate Finance Talks

Global leaders gather to discuss financing the transition to renewable energy and aiding poorer nations affected by climate change.

Climate Week NYC and the UN General Assembly are focusing on generating trillions of dollars for renewable energy and climate adaptation.
Developing countries, which house over 80% of the global population, seek financial assistance to reduce fossil fuel dependency.
Rich nations have failed to meet previous climate finance promises, with a new goal expected to be set at the upcoming meeting in Azerbaijan.
Experts warn that the next eight to nine months are critical for the success of the 2015 Paris climate agreement.
The financial need for climate action is estimated at $2.4 trillion annually, far exceeding the current $100 billion target.