COP29 negotiators agree on funding deal for poor nations facing climate crises

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Nov. 23 (UPI) -- United Nations climate negotiators agreed on a funding formula to help developing countries cope with the effects of climate change early Sunday in Azerbaijan after two weeks of intense negotiations. In a compromise reached after the COP29 climate conference in Baku ran well past its Friday adjournment deadline, wealthy countries pledged to provide at least $300 billion a year to the global fight against climate change, the UN announced . Advertisement The agreement sets an

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COP29 final draft deal proposes 'at least' US$300 bn for poor nations https://www.channelnewsasia.com - 23.11.2024 23:50