The United Nations’ COP 28 climate summit has resulted in multibillion-dollar announcements since opening last week. For climate and health, these commitments add up to at least $1 billion.
Though advocates have welcomed the pledges they remain a drop in the ocean. The world’s needs for mitigation and adaptation range in the trillions of dollars. And there are questions about whether these announcements represent new funding.
“We don't know yet whether any of this is sort of relabeled, existing funding,” Jess Beagley, policy lead at the Global Climate and Health Alliance, told Devex.