Politics Switzerland wants to expand climate protection financing at new climate summit

SDA

10.11.2024 - 16:00

This board in Baku draws attention to the upcoming climate summit.
This board in Baku draws attention to the upcoming climate summit.
Keystone

The 29th United Nations Climate Change Conference begins in Azerbaijan on Monday (tomorrow). At COP29, as it is abbreviated, the participating countries are to adopt a new collective financial target for investments in global climate protection.

Keystone-SDA

At the climate summit, Switzerland is pursuing the goal of increasing the number of donor countries for investments in global climate protection. All countries should contribute to financing "according to their means", especially "wealthy countries with high greenhouse gas emissions".

This was announced by the Federal Office for the Environment (FOEN) ahead of the conference. Not only industrialized countries should pay, but also countries such as China or Saudi Arabia, the FOEN specified on request. In the Azerbaijani capital Baku, it is also planned to adopt rules for the implementation of a global market mechanism.

Federal Councillor Albert Rösti intends to attend COP29 in the second week of the conference, as has been known since September.