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Climate Talks Forge a Deal on Money After a Bitter Fight
The financing plan, which calls for $300 billion per year in support for developing nations, was immediately assailed as inadequate by a string of delegates.
Here’s what to know about the new funding deal that countries agreed to at UN climate talks
In the wee hours Sunday at the United Nations climate talks, countries from around the world reached an agreement on how rich countries can cough up the funds to support poor countries in the face of climate change.
COP29: Climate talks reach endgame on new finance deal
The UN’s marathon climate summit neared the finish line early on Sunday, with nations due to approve or reject a hotly-disputed deal for wealthy historic emitters to provide at least US$300 billion to poorer countries that had demanded much more.
$300bn cash deal for poorer countries rescues COP29 talks from collapse
Nearly 200 countries rescue climate deal from jaws of defeat after UN's COP29 summit ran into overtime in Baku.
Climate finance talks face 'hardest' stage as COP29 nears end-game
Countries at the COP29 climate summit were warned on Wednesday that the "hardest part" was about to start in talks over how much money should be provided to developing countries to help them cope with climate change.
COP29 climate talks dissolves into factions after draft rejected
Splintered and rudderless after developing nations rejected what they called too little money to deal with climate change, United Nations talks dissolved into factions Saturday.
UN talks in disarray as a draft deal for climate cash is rejected by developing nations
Developing nations at UN talks in Azerbaijan are rejecting a draft deal for a financial aid package to help them adapt to extreme weather and transition towards clean energy.
Time
31m
Nations at COP29 Agree $300B a Year for Poor Countries in Compromise Climate Deal
COP29
President Mukhtar Babayev gaveled the deal into acceptance ... With this deal wrapped up as crews dismantle the ...
LIVE
4h
on MSN
COP29 live updates: Climate talks to offer $300 billion in aid for poor nations
More than a day past the scheduled end of the U.N. Climate Change Conference, negotiators from almost 200 nations approved a ...
5h
'Time is not on our side', says COP29 host as UN climate talks on verge of collapse
Countries walk out as a bitter fallout erupts between poorer and richer countries over money to help tackle climate change.
4h
on MSN
Glimmers of hope for some for a funding deal at UN climate talks, but opposition still remains
The United Nations’ annual climate talks pushed into overtime Saturday as negotiators pressed on to get a deal on money for ...
11m
Cop29 secures last minute $300bn climate finance deal as talks saved from collapse
Dramatic day saw prolonged negotiations, walkouts by vulnerable nations and protests echoing through corridors ...
10h
Rich nations raise COP29 climate-finance offer to $300 billion, developing nations fume
The COP29 talks have laid bare the divisions between wealthy governments and developing nations reeling from the costs of ...
5h
on MSN
U.N. climate talks dissolve into factions over plan to help developing nations
At COP29, developing nations rejected what they called too little money to deal with climate change. They and United Nations ...
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Baku
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