Trillions of dollars are needed to prevent and protect against global warming. But who should pay? The world’s climate scientific advisory body could help countries to decide.

The upcoming UN climate summit in Azerbaijan, which begins Nov. 11, will focus on perhaps the thorniest topic in the history of such talks: money. Why it matters: Getting countries to provide the funds required to meet the challenge head-on will be a stretch,

India has been of the opinion that developed countries need to provide at least $1 trillion of climate finance per year.

Rich nations will be under pressure at this month's UN COP29 conference to substantially increase the amount of money they give to poorer countries for climate action.

Conference to prioritise establishing concrete frameworks for climate finance, developing carbon markets, damage funds

Adopting the new collective quantified goal (NCQG) on climate finance is a key mandated deliverable for the global climate change talks in Baku starting Nov 11.