Countries need to demonstrate their climate ambitions, President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso said during a roundtable on "Driving Transformative Climate Action: Shifting the Focus from Financial Inputs to Impact and MDBs' Catalytic Effect" within COP29 in Baku today, AzVision.az reports.
She said that the countries also must provide long-term clarity for private investors.
"The next phase of the nationally distributed contributions will be an important milestone in this process,” she added.
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