COP29 concludes with $300 billion climate finance deal for developing countries

bbc.com November 24, 2024, 03:01 PM UTC

The COP29 climate talks concluded with a deal for $300 billion in annual climate finance for developing countries by 2035. However, many delegates from these nations criticized the amount as insufficient, expressing frustration over the last-minute negotiations by wealthier countries. The conference highlighted the ongoing divide between rich and poor nations, with developing countries feeling the financial package did not adequately address their needs. Azerbaijan's presidency faced criticism for its handling of the talks and its reliance on oil and gas. China's role emerged as significant, as it agreed to contribute to the climate finance fund voluntarily. The presence of former President Trump loomed over discussions, with negotiators concerned about future U.S. participation in climate agreements.


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Timeline:

  1. [4.5]
    COP29 talks in Baku fail to secure strong climate finance agreement (thehindu.com)
    1h
    Source
  2. [5.2]
    COP29 in Baku falls short on climate finance for developing nations (livemint.com)
    1h

  3. [5.6]
    Cop29 climate deal faces backlash over funding shortfall for developing nations (independent.co.uk)
    2h

  4. [5.9]
    COP29 concludes with $300 billion climate finance deal for developing countries (bbc.com)
    2h

  5. [5.1]
    COP29 in Baku sets new climate finance goal but developing nations express disappointment (hindustantimes.com)
    2h

  6. [5.6]
    COP29 climate talks conclude with $300 billion annual finance deal for developing nations (news.yahoo.com)
    2h

  7. [5.6]
    Wealthy nations pledge $300 billion for climate support at Cop 29 but face criticism over fossil fuel plans (irishtimes.com)
    3h

  8. [5.6]
    Eamon Ryan praises COP29 climate finance deal despite criticism from activists (rte.ie)
    3h

  9. [4.9]
    Activists criticize Cop29 climate finance deal as inadequate for developing nations (standard.co.uk)
    3h
    Source
  10. [5.1]
    Greenpeace criticizes $300 billion climate finance deal at Cop29 as inadequate (news.yahoo.com)
    4h

  11. [4.4]
    Developing nations reject COP29 climate deal as inadequate funding falls short (forbes.com)
    4h
    Source
  12. [5.3]
    Rich nations struggle to commit to climate finance at COP29 in Baku (frontline.thehindu.com)
    4h

  13. [5.2]
    Developing countries criticize Cop29 climate finance deal as insufficient for urgent needs (irishtimes.com)
    4h

  14. [5.3]
    Greenpeace criticizes Cop29 climate finance deal as inadequate (standard.co.uk)
    4h

  15. [4.8]
    Countries establish new carbon trading rules at Cop29 to support climate goals (news.yahoo.com)
    6h
    Source
  16. [4.5]
    Irish climate minister calls COP29 deal a necessary step for future action (standard.co.uk)
    6h
    Source
  17. [4.8]
    Countries agree on new carbon market rules at COP29 to boost climate efforts (theguardian.com)
    6h
    Source
  18. [4.2]
    COP29 in Azerbaijan agrees on $300 billion climate finance but faces criticism from developing nations (rappler.com)
    7h
    Source
  19. [6.0]
    Developing nations criticize $300 billion climate deal at UN summit in Azerbaijan (news.yahoo.com)
    8h

  20. [4.7]
    Developing nations criticize $300 billion climate finance deal at COP29 summit (brecorder.com)
    8h
    Source
  21. [6.3]
    Cop29 reaches climate finance deal but campaigners call it a betrayal (irishtimes.com)
    8h

  22. [4.4]
    COP29 establishes carbon credit trading scheme amid criticism of effectiveness (rnz.co.nz)
    9h
    Source
  23. [4.5]
    India rejects $300 billion climate finance deal at COP29 summit (ndtv.com)
    9h
    Source
  24. [4.9]
    COP29 climate talks in Azerbaijan secure $300 billion annual finance deal and global carbon trading rules (theconversation.com)
    10h
    Source
  25. [3.8]
    COP29 climate talks conclude with $300 billion finance deal and carbon trading rules (home.nzcity.co.nz)
    11h
    Source
  26. [5.5]
    Ed Miliband announces $300 billion climate deal at Cop29 in Azerbaijan (standard.co.uk)
    11h

  27. [5.3]
    Developed nations pledge $300 billion for climate aid but developing countries express disappointment (firstpost.com)
    12h

  28. [4.9]
    India rejects climate finance decision at COP29, advocates for Global South (hindustantimes.com)
    12h
    Source
  29. [5.1]
    COP29 climate summit in Baku extends negotiations over funding gap for developing nations (dawn.com)
    12h

  30. [5.3]
    Negotiators fail to finalize climate finance goal at Baku conference (dawn.com)
    13h

  31. [5.1]
    COP29 secures $300 billion climate finance deal for developing countries but falls short of $1.3 trillion goal (forbes.com)
    13h

  32. [5.0]
    COP29 climate summit in Azerbaijan sets $300 billion annual climate finance target by 2035 (reuters.com)
    13h

  33. [5.9]
    Developing nations criticize $300 billion climate deal at COP29 summit in Azerbaijan (thehindu.com)
    13h

  34. [4.3]
    India rejects $300 billion climate finance package at COP29 in Azerbaijan (zeenews.india.com)
    13h
    Source
  35. [3.9]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance goal by 2035 (gazette.com)
    13h
    Source
  36. [4.8]
    India rejects $300 billion climate finance package as inadequate for developing nations (timesnownews.com)
    13h
    Source
  37. [5.7]
    Wealthy nations commit $300 billion annually to support poorer countries in climate crisis response at COP29 (cnn.com)
    13h

  38. [5.2]
    Developing nations criticize Cop29 climate deal as inadequate for their needs (scmp.com)
    14h

  39. [4.2]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance target by 2035 (news.yahoo.com)
    14h
    Source
  40. [5.9]
    Cop29 reaches $300 billion climate finance deal as developing nations call it inadequate (economictimes.indiatimes.com)
    14h

  41. [5.7]
    Wealthy nations pledge $300 billion annually by 2035 to support Global South in climate fight (livemint.com)
    14h

  42. [5.5]
    Cop29 reaches $300 billion climate finance deal but developing nations call it inadequate (timesofindia.indiatimes.com)
    14h

  43. [5.8]
    Nations agree to $300 billion annual climate fund for developing countries at UN talks (triblive.com)
    15h

  44. [5.5]
    Richer nations pledge $300 billion to support climate action in developing countries at COP29 (bbc.com)
    15h

  45. [5.6]
    Wealthy nations pledge $300 billion annually to support developing countries in climate fight (newsweek.com)
    15h

  46. [5.5]
    India rejects climate finance package citing insufficient funds for developing nations (economictimes.indiatimes.com)
    15h

  47. [3.8]
    Nearly 200 nations agree on £240 billion climate finance deal at COP29 summit in Azerbaijan (dailymail.co.uk)
    15h
    Source
  48. [5.8]
    Developing nations criticize $300 billion climate deal as inadequate (sg.news.yahoo.com)
    15h

  49. [6.4]
    Countries reach funding agreement at UN climate talks to support developing nations (economictimes.indiatimes.com)
    15h

  50. [6.0]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wmur.com)
    16h

  51. [6.1]
    Countries agree on new climate funding deal at UN talks in Baku (thestar.com)
    16h

  52. [6.2]
    UN climate talks secure $300 billion annual deal to aid developing nations (thestar.com)
    16h

  53. [5.5]
    Nations agree to $300 billion annual climate fund for developing countries at COP29 (time.com)
    16h

  54. [5.9]
    Nations agree to $300 billion annual funding for developing countries at COP29 (cbsnews.com)
    16h

  55. [5.8]
    Countries agree to $300 billion annual climate fund for developing nations (inquirer.net)
    16h

  56. [6.2]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (kcra.com)
    16h

  57. [5.7]
    UN climate talks reach $300 billion annual funding deal for developing nations (gazette.com)
    16h

  58. [5.9]
    Climate negotiators reach $300 billion deal at COP29 but face backlash from developing nations (npr.org)
    16h

  59. [5.8]
    Countries reach $1.3 trillion climate finance deal at Cop29 but face backlash from campaigners (theguardian.com)
    16h

  60. [6.1]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wcvb.com)
    16h

  61. [5.7]
    Countries agree to $460 billion climate finance deal at COP29 conference (smh.com.au)
    16h

  62. [4.5]
    Countries reach US$300 billion climate finance deal at Cop29 in Azerbaijan (scmp.com)
    17h
    Source
  63. [5.4]
    Rich nations boost climate finance offer to $300 billion by 2035 at COP29 (nbcnews.com)
    17h

  64. [4.8]
    COP29 concludes with $300 billion annual climate finance deal for developing nations (euronews.com)
    17h
    Source
  65. [6.3]
    Nations agree on $300 billion annual climate funding for developing countries at UN talks (apnews.com)
    17h

  66. [5.7]
    Developed countries agree to $300 billion climate finance deal at COP29 (dw.com)
    17h

  67. [5.1]
    COP29 concludes with climate finance deal to boost funding for developing nations (japantimes.co.jp)
    17h

  68. [5.3]
    COP29 reaches $300 billion climate finance agreement to aid developing nations (rnz.co.nz)
    17h

  69. [4.9]
    COP29 reaches $300 billion climate finance deal to support developing nations (news.yahoo.com)
    17h
    Source
  70. [5.7]
    World reaches $300 billion climate deal for developing countries at COP29 (dw.com)
    17h

  71. [5.9]
    COP29 reaches $300 billion annual deal to support developing countries in climate fight (cbc.ca)
    17h

  72. [4.9]
    Countries agree to $300 billion climate finance target at COP29 in Azerbaijan (rappler.com)
    17h
    Source
  73. [4.2]
    Disputes over climate finance stall progress at COP29 conference (thehindu.com)
    17h
    Source
  74. [5.6]
    COP29 concludes with agreement on $300 billion climate funding target (dw.com)
    17h

  75. [5.6]
    Climate summit approves $300 billion financing deal for climate support (politico.eu)
    17h

  76. [5.8]
    COP29 nations agree on $460 billion annual climate funding deal for developing countries (abc.net.au)
    17h

  77. [5.5]
    UN climate talks extend as negotiators seek $300 billion funding deal for developing nations (globalnews.ca)
    18h

  78. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    18h

  79. [5.2]
    COP29 proposes $300 billion annual climate finance deal for developing nations (gazette.com)
    18h

  80. [5.7]
    COP29 negotiators near agreement on $300 billion climate finance deal (newstalkzb.co.nz)
    18h

  81. [5.9]
    UN climate talks prepare to vote on $300 billion funding package for developing nations (chicagotribune.com)
    18h

  82. [6.1]
    Developed nations propose $300 billion annual climate finance for Global South by 2035 (thehindu.com)
    18h

  83. [5.2]
    Dozens of nations walk out of COP29 climate talks over funding dispute in Baku (bbc.com)
    19h

  84. [3.4]
    COP29 adopts carbon market rules as vulnerable nations seek increased climate finance (climatechangenews.com)
    19h
    Source
  85. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    20h

  86. [6.0]
    Rich nations boost climate finance offer to $300 billion at COP29 (odt.co.nz)
    20h

  87. [4.7]
    Countries agree on carbon credit market rules at COP29 in Baku (ft.com)
    20h
    Source
  88. [4.6]
    Hope rises for funding deal at UN climate talks despite ongoing opposition (gazette.com)
    21h
    Source
  89. [4.7]
    Countries fail to reach climate finance deal at COP29 after extended negotiations (economictimes.indiatimes.com)
    21h
    Source
  90. [4.8]
    UN climate talks falter as developing nations reject proposed $300 billion deal (pressherald.com)
    21h
    Source
  91. [4.3]
    COP29 negotiations face challenges as talks extend beyond deadline (standard.co.uk)
    21h
    Source
  92. [5.3]
    Wealthy nations boost climate finance offer to $300 billion at COP29 talks (news.yahoo.com)
    21h

  93. [4.9]
    U.N. climate talks face divisions as developing nations reject funding plan in Baku (latimes.com)
    21h
    Source
  94. [5.5]
    UN climate talks falter as developing nations reject draft deal for financial support (castanet.net)
    21h

  95. [4.9]
    U.N. approves new carbon trading rules at COP29 climate talks (thehindu.com)
    21h
    Source
  96. [5.4]
    Rich nations boost climate finance offer to $300 billion at COP29 to seek agreement (rnz.co.nz)
    21h

  97. [4.5]
    COP29 establishes global carbon credit trading market (gazette.com)
    22h
    Source
  98. [4.9]
    Vulnerable nations walk out of COP29 climate talks as key ministers leave negotiations (newsroom.co.nz)
    22h
    Source
  99. [4.3]
    Countries adopt UN carbon trading rules at COP29 (sg.news.yahoo.com)
    22h
    Source
  100. [4.3]
    Countries negotiate extended climate finance targets at COP29 summit (reuters.com)
    23h
    Source
  101. [4.6]
    Wealthy nations boost climate finance offer to $300 billion at COP29 in Azerbaijan (geo.tv)
    23h
    Source
  102. [4.6]
    COP29 establishes rules for global carbon credit trading market (news.yahoo.com)
    23h
    Source
  103. [3.1]
    Saudi Arabia faces accusations of altering COP29 negotiating text as tensions rise (firstpost.com)
    23h
    Source
  104. [5.3]
    UN climate summit faces crisis as vulnerable nations walk out of finance talks (ft.com)
    24h

  105. [4.7]
    COP29 negotiations falter as small island nations exit talks over climate finance concerns (independent.co.uk)
    24h
    Source
  106. [4.9]
    Developing nations reject climate finance draft at COP29 as negotiations stall (time.com)
    24h
    Source
  107. [5.3]
    Tensions rise at Cop29 climate talks in Baku as developing nations walk out over finance disputes (irishtimes.com)
    24h

  108. [4.6]
    Developing nations walk out of COP29 climate talks over funding disputes (thejournal.ie)
    24h
    Source
  109. [4.7]
    Developing nations walk out of UN climate talks over finance disputes in Baku (aljazeera.com)
    24h
    Source
  110. [5.4]
    Climate vulnerable nations walk out of COP29 talks in Azerbaijan (dw.com)
    1d 2h

  111. [5.1]
    UN climate talks falter as developing nations reject draft deal for financial support (gazette.com)
    1d 2h

  112. [5.5]
    Wealthy nations boost climate finance offer to $300 billion at COP29 (economictimes.indiatimes.com)
    1d 2h

  113. [3.7]
    Saudi Arabia faces accusations of altering Cop29 negotiating text, raising summit concerns (theguardian.com)
    1d 2h
    Source
  114. [4.2]
    Climate-vulnerable nations exit COP29 talks over funding disputes (news.sky.com)
    1d 2h
    Source
  115. [5.5]
    Developing nations reject climate financing draft at UN talks as tensions rise (regina.ctvnews.ca)
    1d 2h

  116. [5.7]
    Wealthy nations propose $300 billion climate deal for poorer countries at COP29 (politico.eu)
    1d 3h

  117. [5.4]
    Leaked climate finance draft at COP29 sparks outrage among developing nations (hindustantimes.com)
    1d 3h

  118. [4.6]
    UN climate talks in Baku extend as negotiators seek financial deal for developing nations (gazette.com)
    1d 5h
    Source
  119. [5.1]
    Developing nations express disappointment over climate funding deal at COP29 (scmp.com)
    1d 5h

  120. [5.1]
    Negotiators extend UN climate talks in Baku to secure funding for developing nations (independent.co.uk)
    1d 6h

  121. [5.4]
    COP29 in Azerbaijan struggles to reach climate finance deal as key leaders miss conference (nbcnews.com)
    1d 7h

  122. [4.7]
    Wealthy nations agree to raise climate finance target to $300 billion by 2035 at COP29 (geo.tv)
    1d 7h
    Source
  123. [4.5]
    Negotiations at Cop29 in Baku extend as climate finance deal remains unresolved (news.yahoo.com)
    1d 7h
    Source
  124. [4.9]
    US and EU support new $300 billion annual climate finance target at COP29 (livemint.com)
    1d 8h
    Source
  125. [5.7]
    Developing countries reject new climate finance proposal as insufficient (dawn.com)
    1d 8h

  126. [6.3]
    Wealthy countries agree to boost climate finance to $300 billion annually at UN talks (theguardian.com)
    1d 8h

  127. [6.0]
    Wealthy countries agree to boost climate finance offer to $300 billion annually at UN talks (news.yahoo.com)
    1d 9h

  128. [3.8]
    Frustration grows over climate progress as COP29 in Baku highlights funding and fossil fuel concerns (euronews.com)
    1d 10h
    Source
  129. [5.2]
    Wealthy nations agree to raise climate finance target to $300 billion at COP29 (gazette.com)
    1d 10h

  130. [5.6]
    Wealthy nations agree to raise climate finance target to $300 billion at COP29 (news.yahoo.com)
    1d 10h

  131. [3.9]
    COP29 climate finance talks stall as developing nations reject funding proposal (hindustantimes.com)
    1d 11h
    Source
  132. [5.4]
    COP29 negotiations stall on climate finance for developing nations (economictimes.indiatimes.com)
    1d 11h

  133. [5.7]
    Negotiators extend talks in Baku to secure climate funding for developing nations (abcnews.go.com)
    1d 12h

  134. [5.7]
    Negotiators extend talks in Baku to secure climate funding for developing nations (clickondetroit.com)
    1d 12h

  135. [5.2]
    Negotiators extend UN climate talks in Baku to secure funding for developing nations (gazette.com)
    1d 12h

  136. [5.6]
    Developing countries reject climate finance offer as Pakistan calls for regional cooperation (dawn.com)
    1d 13h

  137. [3.8]
    COP29 negotiations extend as climate finance disagreements persist (timesofindia.indiatimes.com)
    1d 13h
    Source
  138. [4.4]
    Civil society protests climate finance proposal at COP29 summit (thehindu.com)
    1d 13h
    Source
  139. [5.1]
    COP29 sets $1.3 trillion climate finance goal but raises concerns over funding clarity (livemint.com)
    1d 15h

  140. [5.3]
    UN climate summit draft reveals funding gap between rich and developing nations (newsweek.com)
    1d 18h

  141. [5.1]
    COP29 climate summit extends as $385 billion funding deal faces challenges (abc.net.au)
    1d 18h

  142. [5.6]
    Draft deal at COP29 calls for $250 billion in annual climate finance from wealthy nations (ndtv.com)
    1d 19h

  143. [4.8]
    COP29 negotiator says $250 billion funding target needs improvement (news.yahoo.com)
    1d 20h
    Source
  144. [6.4]
    Draft deal at COP29 calls for rich nations to commit $250 billion annually by 2035 (economictimes.indiatimes.com)
    1d 20h

  145. [4.9]
    Developing countries urged to reject insufficient climate finance proposal at Cop29 (theguardian.com)
    1d 21h
    Source
  146. [4.5]
    COP29 talks extended as developing nations reject $250 billion climate finance offer (hindustantimes.com)
    1d 21h
    Source
  147. [4.3]
    COP29 summit in Baku extends as climate finance negotiations stall (newsroom.co.nz)
    1d 22h
    Source