COP29 agrees to $300 billion climate deal for developing countries; UN chief says he had ‘hoped for a more ambitious outcome’

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24 November 2024, 08:15

UN climate negotiations wrapped up early on Sunday morning in Baku, with wealthy countries pledging to invest at least $300 billion a year to the global fight against climate change. Developing countries who had been seeking more than $1 trillion in support called the deal an “insult” and said that it failed to provide the critical support they needed to effectively tackle the climate crisis.

Read the full story, “COP29 agrees to $300 billion climate deal for developing countries; UN chief says he had ‘hoped for a more ambitious outcome’”, on globalissues.org →