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.
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 remains elusive.
Draft deal at COP29 calls for rich nations to give $250 billion a year 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.
COP29 climate finance draft proposes $250 billion target from wealthy countries
The COP29 presidency on Friday released a new draft climate finance deal that would have developed nations take the lead in providing $250 billion per year by 2035. The draft also set a broader goal to raise $1.
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
Russia's claim of emissions in annexed Ukraine regions draws protests at COP29
Russia has included the territories it occupies in Ukraine in its recent greenhouse gas inventory report to the United ...
‘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 ...
COP29 Close to Carbon Deal as Questions Loom About Market Integrity
Even as a big climate finance goal remains elusive, COP negotiators in Azerbaijan are advancing rules for carbon credits ...
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Negotiators work overnight to secure deal at COP29
Copyright 2024 The Associated Press. All Rights Reserved. Negotiators at COP29 in Baku worked through the night on Saturday ...
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What does COP29 score sheet look like?
Uganda is facing severe climate-related challenges, including the rapid melting of the Rwenzori Mountains’ glaciers, ...
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 ...
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What COP29 in Baku Taught Me About Climate Action (and Inaction)
But as exciting as it was, attending this climate summit also came with its challenges—starting with just getting to the ...