Developing countries, excluding China, will need $1 trillion a year in foreign assistance by 2030.
A man stands next to the logo of the COP29 United Nations climate conference, in Baku, Azerbaijan, November 20, 2024. / Photo: Reuters
This will be the focus as nations go back to the negotiating table with just a day to go until COP29 is supposed to conclude in Baku. The main sticking points — who should pay, how much and the type of funding — remain unresolved in the slimmed-down 10-page document. Some developing countries have pushed for a final commitment of $1.3 trillion, mostly in grants from government coffers, and not loans they say add to debt.
Turkey Middle East Africa Europe China Us Germany News Breaking News Context Explainer Opinion Economy Business Trends Humans Globalisation Russia Rt Trt Trt World Journalism Human Interest
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
50,000+ Climate Doomers Jet to Cop29 Talks in Oil-Rich AzerbaijanSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Factbox-COP29 climate talks enter final stretch: What happens next?Factbox-COP29 climate talks enter final stretch: What happens next?
Read more »
At COP29, Democrat Senators Vow to 'Rise Up' for Climate During 'Dark Days' of Trump 2.0Brett Wilkins is a staff writer for Common Dreams.
Read more »
COP29: UN climate conference has become ‘broken’ and ‘unrealistic,’ ‘not fit for purpose’Political News and Conservative Analysis About Congress, the President, and the Federal Government
Read more »
Panelists Take On Climate Finance and Politics at Newsweek's COP29 EventAt Newsweek's 'Pillars of the Green Transition' event at COP29, panelists talked climate finance and the coming shift in U.S. policy in a second Trump term.
Read more »
Maryland’s Secretary of the Environments Proclaims Climate Doom at COP29: ‘Summers Are Gone’Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »