World agrees to climate deal on financial aid for developing countries after summit nearly implodes
Climate negotiators from the least developed countries and small islands walked out of the talks on Saturday, refusing to engage with the draft.
Climate summit approves divisive $300B deal
The pledged financing from the U.S., the EU and other wealthy governments includes hopes for private money — and a Trump-sized asterisk.
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.
Azerbaijan: Draft deal on climate finance triggers criticism, runs COP29 climate summit into overtime
Baku, Azerbaijan - 11, 2024 A draft released late on Friday at the COP29 climate summit in Baku, Azerbaijan, left most climate activists and developing countries disappointed. Climate talks in Baku, which were originally scheduled to end on Friday,
A proposed deal on climate cash at UN summit highlights split between rich and poor nations
A new draft of a deal on money to curb and adapt to climate change released Friday afternoon at the United Nations climate summit pledged $250 billion annually by 2035 from wealthy countries to poorer
COP29 in Azerbaijan: What’s at stake at the 2024 global climate summit?
Global climate summit kicks off in Baku as activists such as Greta Thunberg label the event a ‘greenwash conference’.
Climate talks reach endgame on new finance deal
The UN's marathon climate summit neared the finish line early Sunday, with nations due to approve or reject a hotly-disputed deal for wealthy historic emitters to provide at least $300
Rich countries boost COP29 climate finance offer as developing nations seethe
The European Union, U.S. and other wealthy countries at the COP29 summit have agreed to raise their offer of climate funding to $300 billion per year by 2035 to help developing nations grapple with climate change,
COP29 struggles to break climate finance deadlock
COPs have been getting progressively longer; the excellent team at Carbon Brief extrapolated the trend line, which suggests COP29 will end in the small hours of Sunday morning. Even that may be optimistic.
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
COP29 closes on promise to generate 'at least' $300 billion in climate funding
Negotiators have agreed to 'at least' $300 billion in climate funding at the UN climate summit after two weeks of tense negotiations that highlighted sharp divides between rich and poorer nations. But is it enough?
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Climate summit at risk of collapse over money for vulnerable nations
The inability for wealthy and developing nations to reach a consensus in a dispute over funding to support climate action and ...
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A climate mess: Azerbaijan COP summit sees rich and poor nations battle over funding
At a climate summit in Baku, Azerbaijan, pre-industrial nations stood firm and demanded more money from the U.S., ...
Climate summit host faces backlash over support for fossil fuels, crackdown on dissent
Autocratic Azerbaijan is drawing criticism as COP29 host for its stance on fossil fuels, with President Ilham Aliyev calling ...
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German foreign minister attacks host Azerbaijan at UN climate summit
Following the extension of the deadlocked UN Climate Change Conference in Baku, German Foreign Minister Annalena Baerbock on ...
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 ...