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As negotiators prepare for international climate talks at COP24 in Katowice, Poland, the world is at an existential crossroad: it can continue on a path of gradual but insufficient progress on climate change or shift to high gear to avoid the worst effects of rising global temperatures.

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Next month’s UN climate summit in Katowice, Poland (COP24) is seen by many as the most important climate negotiation since 2015, when 196 countries adopted the landmark Paris Agreement. COP24 is the critical moment for countries to establish rules for turning the Agreement's vision into reality.

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The Standing Committee on Finance, an expert body of the UN Framework Convention on Climate Change, released its third Biennial Assessment and Overview of Climate Finance. Read a statement from Leonardo Martinez-Diaz, Director of the Sustainable Finance Center, World Resources Institute.


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