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Here’s what to know about the new funding deal that countries agreed to at UN climate talks
- Countries at the United Nations climate talks agreed on a funding deal where rich countries will contribute at least $300 billion a year by 2035.
- This agreement is less than the $1.3 trillion that developing countries sought, indicating ongoing financial needs.
- The deal allows for more ambitious emission reduction targets, replacing a previous agreement that required $100 billion annually from rich nations.
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15 Articles
Associated Press News+8 Reposted by 8 other sources
Here's what to know about the new funding deal that countries agreed to at UN climate talks
BAKU, Azerbaijan (AP) — In the wee hours Sunday at the United Nations climate talks, countries from around the world reached an agreement on how rich
·United States
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Money talks: Rich nations make surprising climate promise at Baku summit
Money talks: Rich nations make surprising climate promise at Baku summitGlobal climate summit in Baku ends with wealthy countries promising to boost their climate aid to $300 billion yearly. Developing nations express mixed feelings about the deal that falls short of their hopes
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kt-kuriren.se
kt-kuriren.seRich countries must contribute more money to help poorer countries transition to cleaner energy and adapt to global warming. Here are the main points of the agreement reached at COP29 in Baku.
Coverage Details
Total News Sources15
Leaning Left4Leaning Right0Center7Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 36%
C 64%
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