The COP29 agreement on finance must be implemented in full, UN Secretary-General Antonio Guterres said.
According to him, the UN will help mobilize support for just energy transitions, as well as drive the implementation of carbon pricing and the wind-down of fossil fuel subsidies.
"We will support the leadership of the COP29 and COP30 Presidencies to deliver a credible roadmap to mobilize $1.3 trillion a year as agreed, needed to support climate action in the developing world," Guterres said.
In addition, the UN Secretary-General urged to start implementing new and innovative sources of finance, including holding polluters accountable for the damage they have caused.