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.
They're here to finance climate action. But COP29 is more about bickering
Nearly 50,000 people from 200 countries were in Azerbaijan for the United Nations Climate Change Conference, with the goal of reaching a climate finance deal.
COP29: Trillions Of Dollars To Be Mobilized For Climate Finance
A document that came out from COP 29 today states trillions of dollars will be provided and mobilized for climate finance. Understand the discussions behind this outcome.
COP29: How nations plan to raise money to respond to climate change
Negotiators are fighting over three big parts of the money issue: how big the numbers are, how much is grants or loans, and who pays.
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.
UN Climate Summit's Deal Draft Shows Divide Between Rich and Poor Nations
A draft proposal unveiled at the United Nations climate summit (COP29) in Baku, Azerbaijan, has exposed tensions between wealthy and developing nations over climate financing. The plan, released Friday,
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
‘Climate Finance’ COP29 Upended By Cheap Oil And ‘Gift Of God’ Remarks
Political shenanigans, unrealistically lofty ambitions on financing and economies digging their heels on fossil fuels largely ...
Pressure ramps up at UN talks to reach a deal for cash to curb and adapt to climate change
The United Nations’ annual climate talks pushed into overtime Saturday as negotiators pressed on to get a deal on money for ...
COP29 goes into extra time amid tough climate financing talks
The COP29 summit in Azerbaijan is being extended as difficult negotiations over climate finance continue. The talks in Baku ...
To Make Oceans a Climate Priority, Advocates Look Beyond COP29
Marine issues are receiving little attention at the United Nations conference, so ocean activists are aiming to include ...
In a board game, climate experts work to save the world, which diplomats at COP29 try in real life
While diplomats negotiated at the United Nations climate talks in Azerbaijan, climate experts played a board game where ...
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 ...
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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Poorer countries face $300B take-it-or-leave-it climate deal after testy meeting
Rich nations including the US, China, UK and Australia worked overnight to try to break the stalemate at the COP29 climate ...