Climate 'financing gap' is widening: ECB chief

Frankfurt, Germany (AFP) Nov 12, 2024

European Central Bank President Christine Lagarde warned Tuesday of a widening gap between the amount of funding necessary to adapt to the climate crisis and what has so far been pledged. As delegates at the COP29 climate conference in Baku try to land a hard-fought deal to boost funding for climate action in developing countries, Lagarde said "the 'financing gap' is widening". She point