Published

COP29 draft proposes wealthy nations pay $250B a year in climate finance

  • A UN climate summit draft proposes wealthy nations pay $250 billion a year, which is significantly less than the $1.3 trillion that developing nations require to handle climate change.
  • Vulnerable nations like Kenya, Uganda, and Malawi are angered, stating that they will not accept less than $500 billion in support.
  • The draft deal was released by Azerbaijan with criticism for its slow progress, as countries want an agreement before president-elect Donald Trump potentially withdraws the US next year.
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  • 45% of the sources lean Left
45% Left
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