COP29 Climate Conference in Baku, Azerbaijan

At COP29 climate conference in Baku, Azerbaijan, wealthy countries agreed to provide at least $300 billion annually to help developing nations combat climate change, despite pushback from developing countries demanding more funding. The conference also included discussions on carbon trading rules, emission reduction targets, and the importance of addressing climate change's impact on health.

Global Climate Finance Agreement at COP29 Conference in Baku

Countries agree on $300 billion annual finance target to help poorer nations deal with climate change impacts. Deal hailed as insurance policy for humanity. Agreement reached at COP29 conference in Baku after intense negotiations.

U.N.'s COP29 Climate Summit Funding Proposal

The draft text from the U.N.'s COP29 climate summit demands wealthy nations to gift $250 billion a year to poorer countries until 2035, causing outrage among climate activists. The summit faces criticism for its reliance on natural gas and lack of commitment from major polluters. The proposed funding amount is considered insufficient by environmental groups.