COP29 climate talks conclude with $300 billion annual pledge, but developing nations call deal ‘an insult’

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25 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.

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