The #ClimateFinanceActionFund will take financial contributions from #FossilFuel-producing countries and companies and use the money to invest in projects in the developing world that reduce #GreenhouseGas emissions and help build resilience to the impacts of #ExtremeWeather.

#Cop29 host #Azerbaijan seeks $1bn from fossil fuel producers for #ClimateFund
https://www.theguardian.com/world/article/2024/jul/20/cop29-host-azerbaijan-seeks-1bn-from-fossil-fuel-producers-for-climate-fund