Rich countries boost COP29 climate finance offer as developing nations seethe
The European Union, U.S. and other wealthy countries at the COP29 summit have agreed to raise their offer of climate funding to $300 billion per year by 2035 to help developing nations grapple with climate change,
UN Climate Summit's Deal Draft Shows Divide Between Rich and Poor Nations
Any amount agreed upon at COP negotiations is typically seen as a "core" sum, intended to be mobilized or leveraged for larger climate investments. However, much of this financing is expected to come in the form of loans, further burdening nations already grappling with heavy debt.
A proposed deal on climate cash at UN summit highlights split between rich and poor nations
A new draft of a deal on money to curb and adapt to climate change released Friday afternoon at the United Nations climate summit pledged $250 billion annually by 2035 from wealthy countries to poorer ones.
Rich nations raise COP29 climate finance offer to $300 billion as developing nations fume
The European Union, the U.S. and other wealthy countries raised their offer of climate funding for developing nations to $300 billion a year at COP29 on Saturday, in a bid to unlock increasingly tense negotiations already a day into overtime.
COP29: 5 Critical Developments To Watch At This Year’s Climate Summit
COP29, this year's biggest environmental conference, is now underway. Here is how leaders from around the world are coming together to advance global climate efforts.
Wealthy Countries Back Raising COP29 Climate Deal to $300 Billion, Sources Say
The European Union, United States and other wealthy countries at the COP29 climate summit have agreed to raise their offer of a global finance target to $300 billion per year by 2035, sources told Reuters on Saturday.
Draft deal at U.N. climate talks calls for rich nations to give $250 billion by 2035
A draft deal at the U.N. Climate Change Conference calls for wealthy nations to give developing ones $250 billion a year starting in 2035.
COP29 climate summit overruns as $250 billion draft deal stalls
The COP29 climate summit ran into overtime on Friday, after a draft deal that proposed developed nations take the lead in providing $250 billion in annual climate finance by 2035 drew criticism from all sides.
COP29 overruns as poor countries seethe over climate cash
UN climate talks looked set to overrun into the weekend as a deep gulf formed between richer and poorer countries over cash to help those most vulnerable in a warming world. Wealthier nations offered to more than double to $250bn a year the cash they give developing countries annually to fight climate change.
Developing nations, climate groups oppose COP29 $250B a year offer from rich countries
A draft finance deal Friday at the U.N. COP29 climate and environment talks proposes wealthy nations give $250 billion a year to poorer nations in climate funding. Developing countries want more money.
Poorer nations deride COP29 offer of $250bn to tackle climate change
Independent expert group says amount falls short of $390bn a year needed by 2035 to deal with effects of global warming
More cash on the table at COP29 climate summit as time runs out
The UN's COP29 climate talks have overrun into the weekend as a deep gulf formed between richer and poorer countries over ...
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Climate-threatened nations stage protest at COP29 over contentious deal
The world's most climate-imperilled nations stormed out of consultations in protest at the deadlocked UN COP29 conference ...
COP29 Climate Summit Being Held in Petrostate Where People Bathe Their Nude Bodies in Crude Oil
While attending the United Nations' latest climate summit in Azerbaijan, a New York Times reporter decided to engage in the ...
Finance deal remains elusive at Cop29 as UN climate talks stretch into overtime
Negotiations at Cop29 in Baku, Azerbaijan were scheduled to finish on Friday evening but a final deal on climate finance ...
Rich nations raise COP29 climate-finance offer to $300 billion, developing nations fume
The COP29 talks have laid bare the divisions between wealthy governments and developing nations reeling from the costs of ...
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Rich nations raise COP29 climate finance offer as developing nations fume
It was not clear if the revised offer would be enough to lead to a deal, but negotiators from developing countries and island ...
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COP29 Ignores Militarism, Putting Meaningful Climate Deal Out of Reach
Leaders of the world’s top polluting nations skipped COP29, which also failed to address how militarism fuels emissions.
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Weak gender focus at COP29 risks leaving women behind in greener future
In India, social barriers make it tough for women to work in the solar sector, as experts call for more attention to green ...