Global Climate Finance Deal at Baku Climate Summit

COP29 President Mukhtar Babayev secured a $300 billion global climate finance plan at the Baku climate summit despite challenges. The deal was criticized as inadequate by many, reflecting ongoing global climate cooperation issues and concerns over the U.S. stance on climate change.

Debt Relief for Developing Nations

President Joe Biden and Kenyan President William Ruto are calling on economies to reduce debt burden on developing nations during Ruto's state visit to the U.S. The Nairobi-Washington Vision aims to provide better financing terms and debt relief through international cooperation.