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Business Talk - DBSA executive Mpho Mokwele unpacks the key takeaways from COP29

The article from BusinessTech features an interview with Mpho Mokwele, an executive from the Development Bank of Southern Africa (DBSA), discussing the key takeaways from COP29, the 29th United Nations Climate Change conference. Mokwele highlights the importance of COP29 in advancing global climate action, focusing on the need for increased financial commitments to support developing countries in their transition to sustainable energy. She emphasizes the discussions around the Loss and Damage Fund, which aims to provide financial assistance to nations most vulnerable to climate change impacts. Additionally, Mokwele touches on the significance of technology transfer, capacity building, and the role of multilateral development banks like DBSA in mobilizing climate finance. She also notes the push for more ambitious Nationally Determined Contributions (NDCs) to meet the Paris Agreement goals, stressing the necessity for a just transition that considers the socio-economic implications for workers and communities dependent on fossil fuels.

Read the Full businesstech.co.za Article at:
[ https://businesstech.co.za/news/energy/803575/business-talk-dbsa-executive-mpho-mokwele-unpacks-the-key-takeaways-from-cop29/ ]