Negotiators work through the night at UN climate talks to try to reach a cash deal for poor nations
The United Nations’ annual climate talks are pushing into overtime under a cloud of anger and disappointment as negotiators are well short of a deal on money for developing nations to curb and adapt to 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.
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 braces for new deal after poorer nations reject climate offer
Fierce bargaining at UN climate talks in Azerbaijan dragged into Saturday after a $250 billion a year offer from rich nations was flatly refused by developing countries hardest hit by Earth's rapid warming.
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 in extra time as poor nations reject $250 bn offer
Wealthy nations on Friday offered $250 billion a year to help poorer nations hit hardest by global warming but faced immediate calls led by Africa to give more as UN climate negotiations extended into overtime.
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.
COP29 climate summit draft proposes rich countries pay $250 billion per year
The COP29 climate summit presidency released a draft finance deal on Friday that would have developed nations take the lead in providing $250 billion per year by 2035 to help poorer nations - a proposal that 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.
Europe, US Seek to Break COP29 Impasse With $300 Billion Offer
Nearly 200 nations were still negotiating a new climate finance deal behind closed doors at United Nations talks in Baku, ...
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 ...
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COP29: Nations disagree on climate text on the deadline date
Today marked the final day of COP29, yet many critical negotiation issues remain unresolved. Despite efforts by negotiators ...
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 ...
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 ...
‘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 ...
Here’s what happened when experts at COP29 played a climate change board game
While diplomats negotiated at the United Nations climate talks in Azerbaijan, climate experts played a board game where players are supposed to work together to combat global warming.
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Ningxia 'Green Electricity Town' plan unveiled at COP29
The conference was held in Baku, capital of Azerbaijan, from November 11 to 22. Representatives from about 200 parties to the convention and climate experts gathered in Azerbaijan to urge countries ...