COP29 climate summit overruns as $250 billion draft deal flops
The COP29 climate summit ran into overtime on Friday, after a draft deal that proposed developed nations take the lead in providing $250 billion per year by 2035 to help poorer nations 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, pledges $250 billion by 2035 from rich countries to ...
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.
A draft deal on climate money for developing world is silent on how much as UN summit nears end
A new draft text released early Thursday which will form the basis of any deal reached at United Nations climate talks on money for developing countries to transition to clean energy and adapt to climate change left out a crucial sticking point: how much wealthy nations will pay.
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
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 ...
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 ...
Climate summit host faces backlash over support for fossil fuels, crackdown on dissent
Autocratic Azerbaijan is drawing criticism as COP29 host for its stance on fossil fuels, with President Ilham Aliyev calling ...
Climate Summit, in Early Days, Is Already on a ‘Knife Edge’
Negotiators agree that trillions are needed to help lower-income countries adapt and cope, but not on who should pay.
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Agriculture and Food Get Their Day—Again—at the Annual UN Climate Summit
Governments and advocacy groups are urgently pushing countries to address greenhouse gas emissions from agriculture, ...
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Water is in the spotlight at the UN climate summit. Here’s why that matters
COP29 Presidency Azerbaijan will launch the Baku Dialogue to raise the prominence of water-related issues in climate talks.
Australia, Turkey in 2026 UN climate summit hosting standoff
Australia and Turkey are in a standoff over which country is better suited to host United Nations climate change talks in ...
Argentina withdraws delegates from climate summit as Milei heads for Mar-a-Lago
Argentine delegates at the COP29 United Nations climate summit in Baku, Azerbaijan, have been ordered to withdraw from ...