Cop26: African nations seek talks on $700bn climate finance deal

Negotiators say funding needed to speed up decarbonisation and help developing countries to adaptAfrican nations want Cop26 to open discussions this week on a mega-financing deal that would channel $700bn (?520bn) every year from 2025 to help developing nations adapt to the climate crisis.Tanguy Gahouma-Bekale, the chair of the African Group of Negotiators on climate change, said the increased finance was needed for the accelerated phase of decarbonisation required to hold global heating to 1.5C. Continue reading...