Some developed countries on Wednesday acknowledged that trillions of dollars were urgently needed to address climate change and wealthy nations should continue to lead in providing climate finance. These countries -- including Germany, Canada, France, and the Netherlands -- are part of an alliance known as the High Ambition Coalition, which advocates for bold climate actions. "As we negotiate this new goal for climate finance, we must again overcome our differences, strengthen our commitment to global solidarity, and find the money to meet the planet's growing needs," the coalition said stressing that trillions of dollars were urgently needed. The statement comes as countries spar over a draft for a new finance package to help developing countries cope with climate change -- or New Collective Quantified Goal (NCQG) -- that is expected to be finalised at the ongoing UN climate talks in Baku, Azerbaijan. Harjeet Singh, a climate activist and global engagement director for the Fossil Read The Rest at :