Cop29 climate deal worth £240BILLION is finally struck but excludes China - as developing countries say the sum is 'too little, too late'
4 months ago

Cop29 climate deal worth £240BILLION is finally struck but excludes China - as developing countries say the sum is 'too little, too late'

Daily Mail  

Wealthy countries yesterday agreed to triple the amount of aid they pay to developing nations to tackle climate change in a last-minute deal at the Cop29 summit. But climate groups labelled the funding agreement, designed to help developing nations combat global warming and to modernise their economies, a ‘drop in the ocean’ of rising seawaters. Yalchin Rafiyev, Azerbaijan's COP29 lead negotiator, left, talks with Simon Stiell, United Nations climate chief, center back, and Mukhtar Babayev, COP29 President, front, ahead of a plenary session at the COP29 UN Climate Summit on Sunday in Baku, Azerbaijan Liu Zhenmin, China climate envoy, speaks at the China Pavilion during the COP 29 UN Climate Summit on Wednesday in Baku, Azerbaijan Ed Miliband, Secretary of State for Energy Security and Net Zero, chats during a break in the second part of the closing plenary on day twelve at the UNFCCC COP29 Climate Conference on Saturday in Baku, Azerbaijan The UK is committed to paying £11.6billion towards climate finance between 2021 and 2026. Sir Keir Starmer has refused to commit to how much more taxpayers will have to pay towards this sum, but said while attending the two-week summit in Azerbaijan: ‘I will be making the argument that the private sector ought to be paying into that.’ After the deal was announced at the Cop29 conference in Baku, he said: ‘It is not everything we or others wanted but is a step forward for us all. Only by doing this can we keep future generations safe and reap the benefits of the clean energy revolution.’ Prime Minister Keir Starmer delivers a statement during the United Nations climate change conference COP29, in Baku, Azerbaijan on November 12 Sir Keir has refused to commit to how much more taxpayers will have to pay towards the agreed sum of money US President Joe Biden said work remained to be done, but Cop29 had set an ‘ambitious international climate finance goal’.

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History of this topic

COP29, climate finance and its optical illusion
2 months, 3 weeks ago

COP29, climate finance and its optical illusion

The Hindu  

Finance has been a major point of climate change negotiation since the launching of the United Nations-led climate change negotiations in 1991, producing the United Nations Framework Convention on Climate Change 1992. The $100 billion mark, met by the developed countries only in 2022, does not match the growing needs of climate finance corresponding to the developing countries’ nationally determined …

Climate myopia: This year’s CoP was a big disappointment but small surprise
3 months, 2 weeks ago

Climate myopia: This year’s CoP was a big disappointment but small surprise

Live Mint  

The 29th Conference of the Parties to Climate Change came to an end on 24 November 2024 with deep disappointment on the outcomes—not just on finance, but on most other aspects of the agenda. With grossly inadequate mitigation of the crisis, the climate finance that developing countries can legitimately asl for will increase exponentially, leading to continued disappointment from a …

West’s hypocrisy at COP29: Why Global South must draw the line
3 months, 3 weeks ago

West’s hypocrisy at COP29: Why Global South must draw the line

Firstpost  

Perhaps it is time for the Global South to signal its collective agency by exploring a South-South Carbon Adjustment Union. While such a measure may not directly generate significant revenue, it would send a powerful message to the developed world The Global South's call for substantial and immediate financial support has been met with empty promises and token gestures, exposing …

COP29: How $300 billion climate funding is an ‘optical illusion’
3 months, 3 weeks ago

COP29: How $300 billion climate funding is an ‘optical illusion’

Firstpost  

Much of the funding relies on mobilising private finance, which often translates to loans rather than grants. Nations already grappling with crippling debt burdens face the prospect of trading financial solvency for climate action A demonstrator displays hands that reads "pay up" during a protest for climate finance at the COP29 UN Climate Summit, November 23, 2024, in Baku, Azerbaijan. …

COP29 in Baku: Oil and money stain climate talks
3 months, 3 weeks ago

COP29 in Baku: Oil and money stain climate talks

New Indian Express  

It is indeed ironical the UN Climate Conference, also known as the Conference of Parties, chooses to hold their jamborees in capitals that are the hub of fossil fuel interests. The World, desperately fighting Climate Change and global warming, held its 200-nation gathering in December 2023 in Dubai; and now COP29 has just concluded in Baku, Azerbaijan – the oldest …

COP29 Sees Discord Over Climate Finance as Developed Countries Refuse to Meet Funding Commitments
3 months, 3 weeks ago

COP29 Sees Discord Over Climate Finance as Developed Countries Refuse to Meet Funding Commitments

The Hindu  

Published : Nov 29, 2024 20:35 IST - 8 MINS READ When Azerbaijan as the Presidency of this year’s Conference of Parties held at Baku, in Azerbaijan, informed delegates working on extended time that participating countries had arrived at an agreement, there were many who disagreed. While declaring that the developed countries “shall provide financial resources to assist developing country …

India’s stand against inadequate climate finance at COP29
3 months, 3 weeks ago

India’s stand against inadequate climate finance at COP29

Hindustan Times  

The Conference of Parties 29 climate summit in Baku, Azerbaijan, ended on a dramatic note as negotiators announced a pledge to triple annual climate finance to $300 billion by 2035, with an aspirational target of $1.3 trillion. Therefore, we oppose the adoption of this document.” India’s rejection of the climate finance package came in the face of celebration by developed …

After nearly 10 years of debate, COP29’s carbon trading deal is seriously flawed
3 months, 3 weeks ago

After nearly 10 years of debate, COP29’s carbon trading deal is seriously flawed

New Indian Express  

Negotiators at the COP29 climate conference in Baku have struck a landmark agreement on rules governing the global trade of carbon credits, bringing to a close almost a decade of debate over the controversial scheme. The deal paves the way for a system in which countries or companies buy credits for removing or avoiding greenhouse gas emissions elsewhere in the …

COP29 Agreement Says Someone Should Pay to Help Developing Countries, but Not Who
55 years, 2 months ago

COP29 Agreement Says Someone Should Pay to Help Developing Countries, but Not Who

Wired  

At around 3 am on Sunday morning, in a drained plenary, the gavel slammed to bring COP29 to a close. The conference, whose primary focus was agreeing on a new finance deal to help developing nations with their climate actions, was supposed to end on Friday. The final extra day was marked by drafts, huddles, and bitter clashes behind closed …

What’s the controversial $300 billion COP29 climate deal? Why has it angered India, other developing nations?
4 months ago

What’s the controversial $300 billion COP29 climate deal? Why has it angered India, other developing nations?

Firstpost  

The tumultuous COP29, the UN climate summit, concluded in Azerbaijan’s Baku after talks continued until early Sunday. Developed nations forced a deal agreeing to provide $300 billion a year to the developing world from 2035 in climate finance. Developed nations forced an agreement promising to put together $300 billion a year from 2035 in climate finance. Mukhtar Babayev, COP29 President, …

COP29 raises climate finance to $300 billion a year, India says 'optical illusion'
4 months ago

COP29 raises climate finance to $300 billion a year, India says 'optical illusion'

India Today  

After a complex negotiation at the climate finance in Baku during COP 29, countries adopted a $300 billion a year global finance target on Sunday to help poorer nations cope with the impacts of climate change. As per the final official draft by UNFCC, the central focus of COP 29 was on bringing together nearly 200 countries in Baku and …

Why developing nations like India are unhappy about the $300 billion COP29 deal
4 months ago

Why developing nations like India are unhappy about the $300 billion COP29 deal

India Today  

The $300 billion annual climate finance deal agreed upon at COP29 in Baku has sparked significant dissatisfaction among developing nations, who deem the amount insufficient to address the escalating impacts of climate change. Developing countries argue that the $300 billion target, set to be achieved by 2035, falls short of the actual financial needs required to combat climate change effectively. …

Climate talks end with mere $300 bn pledge
4 months ago

Climate talks end with mere $300 bn pledge

New Indian Express  

The United Nations Climate Change Conference in Baku concluded on Sunday amid high drama with the adoption of a controversial agreement to triple climate finance for developing countries to $300 billion annually by 2035 as against the $1.3 trillion sought by developing countries per year until 2030. The process and the amount agreed upon faced strong opposition from India and …

The COP29 climate conference ended in dramatic fashion on Sunday in Baku, Azerbaijan
4 months ago

The COP29 climate conference ended in dramatic fashion on Sunday in Baku, Azerbaijan

NPR  

The COP29 climate conference ended in dramatic fashion on Sunday in Baku, Azerbaijan The climate conference ended with a controversial deal that calls for wealthy countries to provide their poorer neighbors with $300 billion annually to help them adapt to more extreme weather. LEILA FADEL, HOST: The COP29 climate conference ended with an agreement on Sunday, which didn't always look …

Inside the Frantic Maneuvers That Saved COP29 Talks at a Cost
Trending News
4 months ago

Inside the Frantic Maneuvers That Saved COP29 Talks at a Cost

Live Mint  

-- Negotiations over hundreds of billions of dollars in new climate funding for developing countries had staggered into overtime at COP29 in Azerbaijan. Saudi Arabia’s representative, Albara Tawfiq, said the kingdom opposed bids to “shift” the responsibility for providing climate finance beyond developed countries, shutting down a bid by the EU and US to expand the pool of contributors. Rich …

The climate deal brokered at Cop29 is disappointing – but it is a start
4 months ago

The climate deal brokered at Cop29 is disappointing – but it is a start

The Independent  

Although the last-minute agreement on climate finance reached at the Cop29 summit in Baku was branded a “betrayal” of developing countries by campaigners, it was much better than no deal. It was less than they wanted, but the agreement called on all parties to mobilise “all public and private sources” to get closer to the poor nations’ demand for $1.3 …

Cop29 climate deal criticised as a ‘death sentence for millions’
4 months ago

Cop29 climate deal criticised as a ‘death sentence for millions’

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Campaigners have hit out at a “woefully inadequate” financial package for …

Cop29 secures last minute $300bn climate finance deal as talks saved from collapse
4 months ago

Cop29 secures last minute $300bn climate finance deal as talks saved from collapse

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Activists participated in demonstrations for climate finance at the Cop29 summit “This deal will keep …

COP29 Climate Finance Deal Collapses as Developed Nations Resist $1.3 Trillion Target
4 months ago

COP29 Climate Finance Deal Collapses as Developed Nations Resist $1.3 Trillion Target

The Hindu  

Published : Nov 24, 2024 17:46 IST - 6 MINS READ In the global climate negotiations that continued at the 29th edition of the Conference of Parties in Baku, Azerbaijan, between November 11 and 22, there was agreement on one issue. So, common sense suggests that developed countries, which are responsible for much of the cumulative carbon emissions that have …

Know All About the Historic Climate Funding Deal at COP29
4 months ago

Know All About the Historic Climate Funding Deal at COP29

Deccan Chronicle  

At the COP29 climate talks, negotiators from around the world reached a landmark agreement on a new funding deal to support developing nations in addressing the challenges posed by climate change. This deal is seen as a crucial step in the fight against climate change, particularly as developing countries struggle with extreme weather events, rising sea levels, and other climate-related …

COP29 agrees on ’$300billion per year by 2035’ for Global South to fight climate change; India calls it ‘paltry sum…’
4 months ago

COP29 agrees on ’$300billion per year by 2035’ for Global South to fight climate change; India calls it ‘paltry sum…’

Live Mint  

COP29: The world reached a new climate deal at the COP29 on Saturday, with wealthy countries committing to provide $300 billion annually by 2035 to assist poorer nations in addressing the growing impacts of the climate crisis. Immediately after the gavel came down, India’s representative, Chandni Raina, condemned the $300 billion pledge as a "paltry sum." However, the $300 billion …

‘Optical illusion’: Key takeaways from COP29 at Baku
Trending News
4 months ago

‘Optical illusion’: Key takeaways from COP29 at Baku

Al Jazeera  

Climate finance deal criticised at COP29 as inadequate, lacking real money and clear grants for developing countries. Here are the key takeaways from this year’s summit: ‘No real money on the table’: $300bn climate finance fund slammed While a broader target of $1.3 trillion annually by 2035 was adopted, only $300bn annually was designated for grants and low-interest loans from …

COP29 ends with contentious outcome
4 months ago

COP29 ends with contentious outcome

China Daily  

COP29 President Mukhtar Babayev walks during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, Nov 24, 2024. Following two weeks of wrangling between the delegations of developing and developed countries, the COP29 United Nations climate change conference finally concluded, more than 30 hours past its deadline, with the adoption of a climate finance …

COP29 ends with contentious outcome
4 months ago

COP29 ends with contentious outcome

China Daily  

COP29 President Mukhtar Babayev walks during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, Nov 24, 2024. Following two weeks of wrangling between the delegations of developing and developed countries, the COP29 United Nations climate change conference finally concluded, more than 30 hours past its deadline, with the adoption of a climate finance …

COP29 ends with contentious outcome
4 months ago

COP29 ends with contentious outcome

China Daily  

By HOU LIQIANG | chinadaily.com.cn | Updated: 2024-11-24 21:44 COP29 President Mukhtar Babayev walks during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, Nov 24, 2024. Following two weeks of wrangling between the delegations of developing and developed countries, the COP29 United Nations climate change conference finally concluded, more than 30 hours past …

COP29: UK and China can set a powerful example for global climate cooperation
4 months ago

COP29: UK and China can set a powerful example for global climate cooperation

China Daily  

chinadaily.com.cn | Updated: 2024-11-24 21:11 A view during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, Nov 24, 2024. Amidst rising political tensions, strong bilateral cooperation between the UK and China can provide the international leadership needed to accelerate progress on climate change this decade. Following this meeting, and to support both multilateral …

COP29: $300 billion climate deal pushed through despite stiff opposition
4 months ago

COP29: $300 billion climate deal pushed through despite stiff opposition

New Indian Express  

BAKU: The United Nations climate summit in Baku on Sunday concluded amidst high drama with the adoption of a controversial agreement to triple climate finance for developing countries to $300 billion annually by 2035. Chandni Raina, adviser to the Department of Economic Affairs and part of India’s negotiating team, criticised the agreement for failing to address the urgent needs of …

Why is there a row over climate finance?
4 months ago

Why is there a row over climate finance?

The Hindu  

The story so far: The 29th edition of the Conference of Parties, arguably the most important of the UN’s climate conferences, was scheduled to end on November 22, after 11 days of negotiations, and take a collective step forward in addressing rising carbon emissions. This was seen to be the New Collective Quantified Goal on climate finance which refers to …

After ‘paltry’ funding offers, day of chaos, fury at COP29
4 months ago

After ‘paltry’ funding offers, day of chaos, fury at COP29

Hindustan Times  

Negotiators returned to the table late on Saturday in a last-ditch effort to salvage the COP29 climate talks, hours after dramatic walkouts by developing nations and heated protests threatened to derail the conference entirely. The draft also controversially “encourages” developing country contributions through South-South cooperation while affirming that voluntary contributions won’t affect any party’s development status - language that many …

COP29 seals deal on global carbon credit trading after years of debate
4 months ago

COP29 seals deal on global carbon credit trading after years of debate

Firstpost  

Carbon credits are created through projects such as planting trees or putting up wind farms in a poorer country that receive one credit for every metric ton in emissions that they reduce or suck out of the atmosphere. File image/ Reuters Countries at the COP29 climate summit finalised an agreement on Saturday to establish a global carbon credit market to …

Cop29 draft deal on verge of collapse as small island nations walk out
4 months ago

Cop29 draft deal on verge of collapse as small island nations walk out

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The latest Cop29 draft deal on climate finance is thought to have been firmly rejected …

Finance deadlock pushes COP29 to brink of failure
4 months ago

Finance deadlock pushes COP29 to brink of failure

The Hindu  

Despite running into overtime, very little headway had been achieved at the U.N. climate summit in Baku late on Saturday in terms of bringing developed and developing countries any closer to agreeing to a new global financial target, called the New Collective Quantitative Goal, for a moonshot at preventing a runaway rise in global temperatures. ‘Nickels and dimes’ The newest …

Climate-threatened nations stage protest at COP29 over contentious deal
4 months ago

Climate-threatened nations stage protest at COP29 over contentious deal

The Hindu  

The world’s most climate-imperilled nations stormed out of consultations in protest at the deadlocked UN COP29 conference on Saturday, as simmering tensions over a hard-fought finance deal erupted into the open. An unpublished version of the final text circulating in Baku, and seen by AFP, proposes that rich nations raise to $300 billion a year by 2035 their commitment to …

United States, European Union among others to back new $300 billion global finance target: COP29
Trending News
4 months ago

United States, European Union among others to back new $300 billion global finance target: COP29

Live Mint  

BAKU -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. The new goal is intended to replace developed countries' previous commitment to provide $100 billion in climate finance for poorer nations per …

COP29: NCQG talks spillover as no breakthrough in agreement yet
4 months ago

COP29: NCQG talks spillover as no breakthrough in agreement yet

Hindustan Times  

The new COP29 Presidency’s text will be released on Saturday after developing countries rejected the text on Friday evening. A joint statement by Amar Bhattacharya, Vera Songwe and Nicholas Stern, Co-Chairs of the Independent High-Level Expert Group on Climate Finance had said on Friday, “The text also calls on developed countries to increase their financial support for developing countries to …

COP29 U.N. Summit: Civil society protests against climate finance proposal, calls for 'no deal' over 'bad deal'
4 months ago

COP29 U.N. Summit: Civil society protests against climate finance proposal, calls for 'no deal' over 'bad deal'

The Hindu  

Civil society members staged a silent march at the U.N. climate summit, condemning the developed nations' proposal to increase annual climate finance to a meagre $250 billion by 2035. With their arms crossed in defiance, protesters walked silently through the summit venue, where chanting is prohibited "We urge you to stand up for the people of the Global South, and …

COP29 ends in a $1.3 trillion disappointment. But there may still be hope
4 months ago

COP29 ends in a $1.3 trillion disappointment. But there may still be hope

Live Mint  

New Delhi: The 29th edition of the UN climate change conference in Azerbaijan emerged from a deadlock with an annual climate finance goal of $1.3 trillion for developing countries, much to the disappointment of the Global South. The second goal mentions that developed countries must take the lead in mobilising $250 billion per year by 2035 for climate action by …

COP29: EU and US want to give $300 billion in climate finance
4 months ago

COP29: EU and US want to give $300 billion in climate finance

NL Times  

Rich countries negotiating support for developing countries at the climate summit in Baku are prepared to pay 300 billion dollars a year in climate aid from 2035, sources told Reuters news agency. European Commissioner Wopke Hoekstra says it is "doubtful" whether the climate summit in Azerbaijan will have a successful outcome. COP29 actually ended on Friday, but on Saturday the …

COP29 UN climate talks wrap up in Baku
4 months ago

COP29 UN climate talks wrap up in Baku

China Daily  

A night view shows the venue of the United Nations climate change conference, known as COP29, in Baku, Azerbaijan, Nov 11, 2024. The COP29 United Nations climate change negotiations stumbled toward Friday's deadline, with a draft target of climate finance to developing nations falling far short of expectations. A key task of the UN gathering, which kicked off on Nov …

Developing nations say $300bn COP29 deal not enough after agreement
4 months ago

Developing nations say $300bn COP29 deal not enough after agreement

Al Jazeera  

Host Azerbaijan calls for consensus after delegations from developing countries walk out of climate finance talks. Negotiators at the United Nations climate talks agreed on a $300bn target to help developing nations adapt to climate change, but many poorer nations have dismissed the agreement as insufficient. When asked if the walkout was a protest, Colombia Environment Minister Susana Mohamed told …

With talks teetering, climate negotiators struck a controversial $300 billion deal
Trending News
4 months ago

With talks teetering, climate negotiators struck a controversial $300 billion deal

NPR  

With talks teetering, climate negotiators struck a controversial $300 billion deal toggle caption Sean Gallup/Getty Images/Getty Images Europe Negotiators at a global climate conference in Baku, Azerbaijan, struck a last-minute deal for wealthy countries to help their poorer neighbors deal with global warming, saving the annual meeting as it verged on collapse. Cedric Schuster, Samoa's minister of natural resources and …

$300-billion-a-year deal for climate cash at U.N. summit sparks outrage for some and hope for others
4 months ago

$300-billion-a-year deal for climate cash at U.N. summit sparks outrage for some and hope for others

LA Times  

Activists call for more spending to fight climate change on Saturday at the COP29 climate summit in Baku, Azerbaijan. “It’s a paltry sum,” said Indian negotiator Chandni Raina, drawing rousing cheers as she repeatedly added that India objected to the deal. Climate Change Executive Secretary Simon Stiell called the deal an “insurance policy for humanity,” adding that, like insurance, “it …

COP29 UN climate talks wrap up in Baku
4 months ago

COP29 UN climate talks wrap up in Baku

China Daily  

A night view shows the venue of the United Nations climate change conference, known as COP29, in Baku, Azerbaijan, Nov 11, 2024. The COP29 United Nations climate change negotiations stumbled toward Friday's deadline, with a draft target of climate finance to developing nations falling far short of expectations. A key task of the UN gathering, which kicked off on Nov …

COP29: World agrees to climate deal on financial aid for poor countries after summit nearly implodes
4 months ago

COP29: World agrees to climate deal on financial aid for poor countries after summit nearly implodes

CNN  

CNN — The world agreed to a new climate deal at COP29 in Baku, Azerbaijan, Saturday, with wealthy countries pledging to provide $300 billion annually by 2035 to poorer countries to help them cope with the increasingly catastrophic impacts of the climate crisis — a figure many developing countries criticized as vastly insufficient. “This new finance goal is an insurance …

‘No deal is better than a bad deal’: Cop29 deadlocked over climate fund
4 months ago

‘No deal is better than a bad deal’: Cop29 deadlocked over climate fund

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Hopes of a trillion-dollar climate finance fund appear to be slipping out of reach after …

COP29 talks extended as draft $250 billion finance offer flops
Trending News
4 months ago

COP29 talks extended as draft $250 billion finance offer flops

Hindustan Times  

Baku: The COP29 climate summit was extended by a day after developing nations reacted with fury to developed countries’ proposal of $250 billion annual climate finance by 2035, calling it “a slap in the face” and far below their demand of $1.3 trillion, raising fears of a Copenhagen-like deadlock. “The quantum is an eyewash,” said a developing country negotiator, noting …

A proposed deal on climate cash at UN summit highlights split between rich and poor nations
4 months ago

A proposed deal on climate cash at UN summit highlights split between rich and poor nations

Associated Press  

BAKU, Azerbaijan — A new draft of a deal on cash to curb and adapt to climate change released Friday at the United Nations climate summit pledged $250 billion annually by 2035 from wealthy countries to poorer ones. AP AUDIO: A proposed deal on climate cash at UN summit highlights split between rich and poor nations AP correspondent Melina Walling …

‘It’s a joke’: $250bn climate finance offer met with scorn at COP29
4 months ago

‘It’s a joke’: $250bn climate finance offer met with scorn at COP29

Al Jazeera  

Vulnerable nations are seeking $1.3 trillion annually to deal with the damage caused by climate change and to adapt. It said developed countries would provide $250bn annually by 2035 to developing or poor nations to deal with damage from climate change and to adapt to that change. Juan Carlos Monterrey Gomez, the representative for Panama, described the $250bn offer as …

COP29 climate financing negotiations in stalemate
4 months ago

COP29 climate financing negotiations in stalemate

China Daily  

The COP29 United Nations climate change conference went into a stalemate on Friday, its scheduled conclusion date, with key concerns from developing countries largely unaddressed. A key task of the UN gathering, which kicked off on Nov 11 in Baku, Azerbaijan, is to establish a post-2025 climate finance commitment from developed nations to developing countries, building on the previous pledge …

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