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World reaches $300 bn climate finance deal at COP29

Energy Daily Sunday, 24 November 2024 ()
Baku (AFP) Nov 23, 2024

The world approved a bitterly negotiated climate deal Sunday but poorer nations most at the mercy of worsening disasters dismissed a $300 billion a year pledge from wealthy historic polluters as insultingly low. After two exhausting weeks of chaotic bargaining and sleepless nights, nearly 200 nations banged through the contentious finance pact in the early hours in a sports stadium in Azerba
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Video Credit: euronews (in English) - Published
News video: COP29: Summit ends with $300bn a year climate finance deal for developing nations

COP29: Summit ends with $300bn a year climate finance deal for developing nations 01:42

After concerns climate talks in Baku could collapse, the gavel came down on a finance deal in the early hours of the morning.

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