President calls for new climate finance goals that align with the true scale of climate change

President Dr. Mohamed Muizzu, delivering Maldives' national statement at the Plenary of 29th Session of the Conference of Parties (COP29) of the United Nations Framework Convention on Climate Change (UNFCCC), has called for the urgent need for a new climate finance goal that aligns with the true scale of the climate crisis.

Stressing that the "need is in trillions, not billions," President Muizzu called for increased global financial commitments to address climate adaptation, mitigation, and loss and damage, especially for vulnerable nations.