COP 26 And Public Climate Finance

Abstract

One of the hardest challenges being faced by the modern world today is climate change. It is imperative for the survival of the human race that concrete steps are taken immediately to combat it. It is with this objective that the UN has been holding annual conferences to decide on future climate actions and ways to achieve them. The latest of these conferences, called the COP 26, was held in Glasgow in Oct-Nov 2021 where explicit goals were agreed upon to reduce greenhouse gas emissions and increase financing to developing countries. In this article we shall discuss the public climate finance goals decided upon in COP 26.