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COP29 summit ends with ‘paltry’ US$300 billion climate finance deal; no change for China’s contributions

By Nick Perry, Laurent Thomet and Shaun Tandon The world approved a bitterly negotiated climate deal Sunday but poorer nations most at the mercy of worsening disasters dismissed a US$300 billion a year pledge from wealthy historic polluters as insultingly low. The closing plenary of COP29, in Baku, Azerbaijan, on November 24, 2024. Photo: COP29 […]

World reaches $300 bn climate finance deal at COP29

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 […]

Was hat die COP29 gebracht?

Die letzten Stunden eines UN-Gipfels sind stets die längsten, aber die entscheidenden. Das war bei der Klimakonferenz COP23 in Baku nicht anders. Es brauchte mehrere Verlängerungen, bis eineinhalb Tage nach dem geplanten Ende die wichtigste Frage geklärt war – wenngleich nicht zur allgemeinen Zufriedenheit: In den kommenden zehn Jahren sollen 300 Milliarden US-Dollar jährlich von […]

Cop29, gli aiuti climatici aumentano fino a 300 miliardi – Notizie – Ansa.it

Dopo due settimane di negoziati, alla Cop29 di Baku passa l’accordo sull’aumento degli aiuti climatici ai paesi in via di sviluppo. Dai 100 miliardi di dollari all’anno attuali, previsti dall’Accordo di Parigi, si arriverà gradualmente a 300 miliardi all’anno nel 2035. A Baku viene approvato anche il mercato internazionale del carbonio, che permetterà agli stati […]

COP29 closes with last minute deal on climate funding – DW – 11/23/2024

Rarely has a climate summit venue so accurately reflected the mood and unfolding of negotiations.  For two bumpy weeks, the labyrinthine corridors in Baku’s Olympic Stadium have echoed with the hurried footsteps of negotiators rushing from one windowless meeting room to the next, avoiding dead-ends and wrong turns among the endless passageways. Further characterized by missing […]