All countries reject COP29 climate finance draft as developing nations demand $1.3 trillion annually

thehindu.com November 21, 2024, 03:01 PM UTC

All countries at COP29 have rejected a draft climate finance package aimed at supporting developing nations. The draft, released on November 21, 2024, failed to address the critical question of how much funding developed countries will provide annually starting in 2025. Developing nations are demanding at least $1.3 trillion each year to tackle climate challenges, significantly more than the $100 billion pledged in 2009. In contrast, developed countries are discussing a target of only $200 billion to $300 billion annually, which has been met with strong criticism from developing nations. The COP29 presidency has invited countries to submit new proposals, with a revised draft expected later today. The focus remains on establishing a clear financial commitment from developed nations, as trust has been eroded by past funding delays and inadequate support.


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Timeline:

  1. [4.1]
    EU president's absence at COP29 raises questions about climate commitment (express.co.uk)
    <1h
    Source
  2. [5.5]
    COP29 climate deal faces backlash from developing nations and New Zealand activists (rnz.co.nz)
    <1h

  3. [6.1]
    Rich countries pledge $300 billion for climate finance by 2035 at COP29 in Baku (sg.news.yahoo.com)
    1h

  4. [5.8]
    Wealthy nations commit $300 billion for climate finance at COP29 but face criticism for inadequacy (irishtimes.com)
    1h

  5. [5.8]
    Countries agree on new climate funding deal at UN talks in Baku (chicagotribune.com)
    1h

  6. [5.0]
    India criticizes COP29 climate finance deal as inadequate for developing nations (economictimes.indiatimes.com)
    1h

  7. [4.8]
    COP29 sets $300 billion climate finance target for developing nations by 2035 (economictimes.indiatimes.com)
    1h
    Source
  8. [5.3]
    Cop29 climate deal faces backlash over insufficient funding for developing nations (news.yahoo.com)
    2h

  9. [5.7]
    Countries reach funding agreement to support climate action for developing nations (castanet.net)
    2h

  10. [5.4]
    Developing nations criticize $300 billion climate finance deal at COP29 as inadequate (dawn.com)
    2h

  11. [5.7]
    New Zealand faces potential funding increase as COP29 sets climate finance target (odt.co.nz)
    2h

  12. [4.3]
    COP29 climate summit faces backlash over inadequate agreements and absent leaders (news.yahoo.com)
    3h
    Source
  13. [4.8]
    Developed countries set low climate finance goal at COP29, disappointing many (newsroom.co.nz)
    3h
    Source
  14. [5.8]
    New Zealand faces increased climate finance obligations under new COP29 agreement (rnz.co.nz)
    3h

  15. [4.1]
    COP 29 climate talks in Baku conclude with limited progress (economist.com)
    3h
    Source
  16. [5.7]
    Critics slam Cop29 climate finance deal as inadequate for developing nations (theguardian.com)
    3h

  17. [6.0]
    COP29 reaches $300 billion climate finance deal but developing nations seek more support (irishtimes.com)
    3h

  18. [4.3]
    India rejects COP29 climate finance deal, calls $300 billion pledge inadequate (timesofindia.indiatimes.com)
    3h
    Source
  19. [5.2]
    COP29 in Baku falls short on climate finance for developing nations (livemint.com)
    5h

  20. [4.5]
    COP29 talks in Baku fail to secure strong climate finance agreement (thehindu.com)
    5h
    Source
  21. [5.6]
    Cop29 climate deal faces backlash over funding shortfall for developing nations (independent.co.uk)
    6h

  22. [5.6]
    COP29 climate talks conclude with $300 billion annual finance deal for developing nations (news.yahoo.com)
    6h

  23. [5.9]
    COP29 concludes with $300 billion climate finance deal for developing countries (bbc.com)
    6h

  24. [5.1]
    COP29 in Baku sets new climate finance goal but developing nations express disappointment (hindustantimes.com)
    6h

  25. [4.9]
    Activists criticize Cop29 climate finance deal as inadequate for developing nations (standard.co.uk)
    7h
    Source
  26. [5.6]
    Wealthy nations pledge $300 billion for climate support at Cop 29 but face criticism over fossil fuel plans (irishtimes.com)
    7h

  27. [5.6]
    Eamon Ryan praises COP29 climate finance deal despite criticism from activists (rte.ie)
    7h

  28. [5.3]
    Greenpeace criticizes Cop29 climate finance deal as inadequate (standard.co.uk)
    8h

  29. [5.3]
    Rich nations struggle to commit to climate finance at COP29 in Baku (frontline.thehindu.com)
    8h

  30. [4.4]
    Developing nations reject COP29 climate deal as inadequate funding falls short (forbes.com)
    8h
    Source
  31. [5.1]
    Greenpeace criticizes $300 billion climate finance deal at Cop29 as inadequate (news.yahoo.com)
    8h

  32. [5.2]
    Developing countries criticize Cop29 climate finance deal as insufficient for urgent needs (irishtimes.com)
    8h

  33. [4.5]
    Irish climate minister calls COP29 deal a necessary step for future action (standard.co.uk)
    10h
    Source
  34. [4.8]
    Countries agree on new carbon market rules at COP29 to boost climate efforts (theguardian.com)
    10h
    Source
  35. [4.8]
    Countries establish new carbon trading rules at Cop29 to support climate goals (news.yahoo.com)
    10h
    Source
  36. [4.2]
    COP29 in Azerbaijan agrees on $300 billion climate finance but faces criticism from developing nations (rappler.com)
    11h
    Source
  37. [6.0]
    Developing nations criticize $300 billion climate deal at UN summit in Azerbaijan (news.yahoo.com)
    12h

  38. [6.3]
    Cop29 reaches climate finance deal but campaigners call it a betrayal (irishtimes.com)
    12h

  39. [4.7]
    Developing nations criticize $300 billion climate finance deal at COP29 summit (brecorder.com)
    12h
    Source
  40. [4.5]
    India rejects $300 billion climate finance deal at COP29 summit (ndtv.com)
    13h
    Source
  41. [4.4]
    COP29 establishes carbon credit trading scheme amid criticism of effectiveness (rnz.co.nz)
    13h
    Source
  42. [4.9]
    COP29 climate talks in Azerbaijan secure $300 billion annual finance deal and global carbon trading rules (theconversation.com)
    14h
    Source
  43. [5.5]
    Ed Miliband announces $300 billion climate deal at Cop29 in Azerbaijan (standard.co.uk)
    15h

  44. [3.8]
    COP29 climate talks conclude with $300 billion finance deal and carbon trading rules (home.nzcity.co.nz)
    15h
    Source
  45. [5.3]
    Developed nations pledge $300 billion for climate aid but developing countries express disappointment (firstpost.com)
    16h

  46. [5.1]
    COP29 climate summit in Baku extends negotiations over funding gap for developing nations (dawn.com)
    16h

  47. [4.9]
    India rejects climate finance decision at COP29, advocates for Global South (hindustantimes.com)
    16h
    Source
  48. [4.8]
    India rejects $300 billion climate finance package as inadequate for developing nations (timesnownews.com)
    17h
    Source
  49. [5.0]
    COP29 climate summit in Azerbaijan sets $300 billion annual climate finance target by 2035 (reuters.com)
    17h

  50. [5.7]
    Wealthy nations commit $300 billion annually to support poorer countries in climate crisis response at COP29 (cnn.com)
    17h

  51. [5.3]
    Negotiators fail to finalize climate finance goal at Baku conference (dawn.com)
    17h

  52. [5.9]
    Developing nations criticize $300 billion climate deal at COP29 summit in Azerbaijan (thehindu.com)
    17h

  53. [4.3]
    India rejects $300 billion climate finance package at COP29 in Azerbaijan (zeenews.india.com)
    17h
    Source
  54. [3.9]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance goal by 2035 (gazette.com)
    17h
    Source
  55. [5.1]
    COP29 secures $300 billion climate finance deal for developing countries but falls short of $1.3 trillion goal (forbes.com)
    17h

  56. [5.2]
    Developing nations criticize Cop29 climate deal as inadequate for their needs (scmp.com)
    18h

  57. [4.2]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance target by 2035 (news.yahoo.com)
    18h
    Source
  58. [5.5]
    Cop29 reaches $300 billion climate finance deal but developing nations call it inadequate (timesofindia.indiatimes.com)
    18h

  59. [5.7]
    Wealthy nations pledge $300 billion annually by 2035 to support Global South in climate fight (livemint.com)
    18h

  60. [5.9]
    Cop29 reaches $300 billion climate finance deal as developing nations call it inadequate (economictimes.indiatimes.com)
    18h

  61. [5.6]
    Wealthy nations pledge $300 billion annually to support developing countries in climate fight (newsweek.com)
    19h

  62. [5.5]
    India rejects climate finance package citing insufficient funds for developing nations (economictimes.indiatimes.com)
    19h

  63. [3.8]
    Nearly 200 nations agree on £240 billion climate finance deal at COP29 summit in Azerbaijan (dailymail.co.uk)
    19h
    Source
  64. [5.5]
    Richer nations pledge $300 billion to support climate action in developing countries at COP29 (bbc.com)
    19h

  65. [5.8]
    Developing nations criticize $300 billion climate deal as inadequate (sg.news.yahoo.com)
    19h

  66. [5.8]
    Nations agree to $300 billion annual climate fund for developing countries at UN talks (triblive.com)
    19h

  67. [6.0]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wmur.com)
    20h

  68. [5.8]
    Countries reach $1.3 trillion climate finance deal at Cop29 but face backlash from campaigners (theguardian.com)
    20h

  69. [5.9]
    Climate negotiators reach $300 billion deal at COP29 but face backlash from developing nations (npr.org)
    20h

  70. [5.7]
    UN climate talks reach $300 billion annual funding deal for developing nations (gazette.com)
    20h

  71. [5.8]
    Countries agree to $300 billion annual climate fund for developing nations (inquirer.net)
    20h

  72. [6.2]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (kcra.com)
    20h

  73. [5.7]
    Countries agree to $460 billion climate finance deal at COP29 conference (smh.com.au)
    20h

  74. [6.1]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wcvb.com)
    20h

  75. [5.5]
    Nations agree to $300 billion annual climate fund for developing countries at COP29 (time.com)
    20h

  76. [6.1]
    Countries agree on new climate funding deal at UN talks in Baku (thestar.com)
    20h

  77. [6.2]
    UN climate talks secure $300 billion annual deal to aid developing nations (thestar.com)
    20h

  78. [5.9]
    Nations agree to $300 billion annual funding for developing countries at COP29 (cbsnews.com)
    20h

  79. [4.9]
    Countries agree to $300 billion climate finance target at COP29 in Azerbaijan (rappler.com)
    21h
    Source
  80. [5.8]
    COP29 nations agree on $460 billion annual climate funding deal for developing countries (abc.net.au)
    21h

  81. [5.7]
    Developed countries agree to $300 billion climate finance deal at COP29 (dw.com)
    21h

  82. [6.3]
    Nations agree on $300 billion annual climate funding for developing countries at UN talks (apnews.com)
    21h

  83. [4.8]
    COP29 concludes with $300 billion annual climate finance deal for developing nations (euronews.com)
    21h
    Source
  84. [5.4]
    Rich nations boost climate finance offer to $300 billion by 2035 at COP29 (nbcnews.com)
    21h

  85. [5.7]
    World reaches $300 billion climate deal for developing countries at COP29 (dw.com)
    21h

  86. [4.9]
    COP29 reaches $300 billion climate finance deal to support developing nations (news.yahoo.com)
    21h
    Source
  87. [5.6]
    Climate summit approves $300 billion financing deal for climate support (politico.eu)
    21h

  88. [5.6]
    COP29 concludes with agreement on $300 billion climate funding target (dw.com)
    21h

  89. [4.2]
    Disputes over climate finance stall progress at COP29 conference (thehindu.com)
    21h
    Source
  90. [5.9]
    COP29 reaches $300 billion annual deal to support developing countries in climate fight (cbc.ca)
    21h

  91. [4.5]
    Countries reach US$300 billion climate finance deal at Cop29 in Azerbaijan (scmp.com)
    21h
    Source
  92. [5.3]
    COP29 reaches $300 billion climate finance agreement to aid developing nations (rnz.co.nz)
    21h

  93. [5.1]
    COP29 concludes with climate finance deal to boost funding for developing nations (japantimes.co.jp)
    21h

  94. [5.5]
    UN climate talks extend as negotiators seek $300 billion funding deal for developing nations (globalnews.ca)
    22h

  95. [5.7]
    COP29 negotiators near agreement on $300 billion climate finance deal (newstalkzb.co.nz)
    22h

  96. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    22h

  97. [5.9]
    UN climate talks prepare to vote on $300 billion funding package for developing nations (chicagotribune.com)
    22h

  98. [6.1]
    Developed nations propose $300 billion annual climate finance for Global South by 2035 (thehindu.com)
    22h

  99. [5.2]
    COP29 proposes $300 billion annual climate finance deal for developing nations (gazette.com)
    22h

  100. [3.4]
    COP29 adopts carbon market rules as vulnerable nations seek increased climate finance (climatechangenews.com)
    23h
    Source
  101. [5.2]
    Dozens of nations walk out of COP29 climate talks over funding dispute in Baku (bbc.com)
    23h

  102. [4.7]
    Countries agree on carbon credit market rules at COP29 in Baku (ft.com)
    24h
    Source
  103. [6.0]
    Rich nations boost climate finance offer to $300 billion at COP29 (odt.co.nz)
    24h

  104. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    24h

  105. [4.6]
    Hope rises for funding deal at UN climate talks despite ongoing opposition (gazette.com)
    1d 1h
    Source
  106. [5.3]
    Wealthy nations boost climate finance offer to $300 billion at COP29 talks (news.yahoo.com)
    1d 1h

  107. [5.5]
    UN climate talks falter as developing nations reject draft deal for financial support (castanet.net)
    1d 1h

  108. [4.9]
    U.N. climate talks face divisions as developing nations reject funding plan in Baku (latimes.com)
    1d 1h
    Source
  109. [4.9]
    U.N. approves new carbon trading rules at COP29 climate talks (thehindu.com)
    1d 1h
    Source
  110. [5.4]
    Rich nations boost climate finance offer to $300 billion at COP29 to seek agreement (rnz.co.nz)
    1d 1h

  111. [4.3]
    COP29 negotiations face challenges as talks extend beyond deadline (standard.co.uk)
    1d 1h
    Source
  112. [4.8]
    UN climate talks falter as developing nations reject proposed $300 billion deal (pressherald.com)
    1d 1h
    Source
  113. [4.7]
    Countries fail to reach climate finance deal at COP29 after extended negotiations (economictimes.indiatimes.com)
    1d 1h
    Source
  114. [4.3]
    Countries adopt UN carbon trading rules at COP29 (sg.news.yahoo.com)
    1d 2h
    Source
  115. [4.5]
    COP29 establishes global carbon credit trading market (gazette.com)
    1d 2h
    Source
  116. [4.9]
    Vulnerable nations walk out of COP29 climate talks as key ministers leave negotiations (newsroom.co.nz)
    1d 2h
    Source
  117. [4.3]
    Countries negotiate extended climate finance targets at COP29 summit (reuters.com)
    1d 3h
    Source
  118. [3.1]
    Saudi Arabia faces accusations of altering COP29 negotiating text as tensions rise (firstpost.com)
    1d 3h
    Source
  119. [4.6]
    Wealthy nations boost climate finance offer to $300 billion at COP29 in Azerbaijan (geo.tv)
    1d 3h
    Source
  120. [4.6]
    COP29 establishes rules for global carbon credit trading market (news.yahoo.com)
    1d 3h
    Source
  121. [4.6]
    Developing nations walk out of COP29 climate talks over funding disputes (thejournal.ie)
    1d 4h
    Source
  122. [4.7]
    COP29 negotiations falter as small island nations exit talks over climate finance concerns (independent.co.uk)
    1d 4h
    Source
  123. [5.3]
    UN climate summit faces crisis as vulnerable nations walk out of finance talks (ft.com)
    1d 4h

  124. [5.3]
    Tensions rise at Cop29 climate talks in Baku as developing nations walk out over finance disputes (irishtimes.com)
    1d 4h

  125. [4.7]
    Developing nations walk out of UN climate talks over finance disputes in Baku (aljazeera.com)
    1d 4h
    Source
  126. [4.9]
    Developing nations reject climate finance draft at COP29 as negotiations stall (time.com)
    1d 4h
    Source
  127. [5.5]
    Wealthy nations boost climate finance offer to $300 billion at COP29 (economictimes.indiatimes.com)
    1d 6h

  128. [5.4]
    Climate vulnerable nations walk out of COP29 talks in Azerbaijan (dw.com)
    1d 6h

  129. [3.7]
    Saudi Arabia faces accusations of altering Cop29 negotiating text, raising summit concerns (theguardian.com)
    1d 6h
    Source
  130. [5.5]
    Developing nations reject climate financing draft at UN talks as tensions rise (regina.ctvnews.ca)
    1d 6h

  131. [4.2]
    Climate-vulnerable nations exit COP29 talks over funding disputes (news.sky.com)
    1d 6h
    Source
  132. [5.1]
    UN climate talks falter as developing nations reject draft deal for financial support (gazette.com)
    1d 6h

  133. [5.7]
    Wealthy nations propose $300 billion climate deal for poorer countries at COP29 (politico.eu)
    1d 7h

  134. [5.4]
    Leaked climate finance draft at COP29 sparks outrage among developing nations (hindustantimes.com)
    1d 7h

  135. [5.1]
    Developing nations express disappointment over climate funding deal at COP29 (scmp.com)
    1d 9h

  136. [4.6]
    UN climate talks in Baku extend as negotiators seek financial deal for developing nations (gazette.com)
    1d 9h
    Source
  137. [5.1]
    Negotiators extend UN climate talks in Baku to secure funding for developing nations (independent.co.uk)
    1d 10h

  138. [4.5]
    Negotiations at Cop29 in Baku extend as climate finance deal remains unresolved (news.yahoo.com)
    1d 11h
    Source
  139. [5.4]
    COP29 in Azerbaijan struggles to reach climate finance deal as key leaders miss conference (nbcnews.com)
    1d 11h

  140. [4.7]
    Wealthy nations agree to raise climate finance target to $300 billion by 2035 at COP29 (geo.tv)
    1d 11h
    Source
  141. [6.3]
    Wealthy countries agree to boost climate finance to $300 billion annually at UN talks (theguardian.com)
    1d 12h

  142. [5.7]
    Developing countries reject new climate finance proposal as insufficient (dawn.com)
    1d 12h

  143. [4.9]
    US and EU support new $300 billion annual climate finance target at COP29 (livemint.com)
    1d 12h
    Source
  144. [6.0]
    Wealthy countries agree to boost climate finance offer to $300 billion annually at UN talks (news.yahoo.com)
    1d 13h

  145. [5.6]
    Wealthy nations agree to raise climate finance target to $300 billion at COP29 (news.yahoo.com)
    1d 14h

  146. [5.2]
    Wealthy nations agree to raise climate finance target to $300 billion at COP29 (gazette.com)
    1d 14h

  147. [3.9]
    COP29 climate finance talks stall as developing nations reject funding proposal (hindustantimes.com)
    1d 15h
    Source
  148. [5.4]
    COP29 negotiations stall on climate finance for developing nations (economictimes.indiatimes.com)
    1d 15h

  149. [5.7]
    Negotiators extend talks in Baku to secure climate funding for developing nations (clickondetroit.com)
    1d 16h

  150. [5.2]
    Negotiators extend UN climate talks in Baku to secure funding for developing nations (gazette.com)
    1d 16h

  151. [5.7]
    Negotiators extend talks in Baku to secure climate funding for developing nations (abcnews.go.com)
    1d 16h

  152. [4.4]
    Civil society protests climate finance proposal at COP29 summit (thehindu.com)
    1d 17h
    Source
  153. [3.8]
    COP29 negotiations extend as climate finance disagreements persist (timesofindia.indiatimes.com)
    1d 17h
    Source
  154. [5.6]
    Developing countries reject climate finance offer as Pakistan calls for regional cooperation (dawn.com)
    1d 17h

  155. [5.1]
    COP29 sets $1.3 trillion climate finance goal but raises concerns over funding clarity (livemint.com)
    1d 19h

  156. [5.1]
    COP29 climate summit extends as $385 billion funding deal faces challenges (abc.net.au)
    1d 22h

  157. [5.3]
    UN climate summit draft reveals funding gap between rich and developing nations (newsweek.com)
    1d 22h

  158. [5.6]
    Draft deal at COP29 calls for $250 billion in annual climate finance from wealthy nations (ndtv.com)
    1d 23h