Politicians and green advocates want to keep the focus on limiting global warming to 1.5C, even though scientists say the planet is already on track to soon breach the target.

This year’s climate change conference is a stark reminder that meeting our climate goals requires unprecedented financial mobilization.

The G-77/China bloc reiterated the call for $1.3 trillion annually in climate finance, with an emphasis on grants and concessional funding to avoid burdening vulnerable economies already grappling with the impacts of climate change.