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COP29 negotiators reach $300 billion climate funding deal after tense talks

livemint.com — November 25, 2024, 01:01 AM UTC

Negotiations at COP29 in Azerbaijan nearly collapsed before reaching a $300 billion climate funding deal for developing countries. This agreement triples the previous $100 billion annual pledge but falls short of the $1 trillion sought by poorer nations. The talks faced significant challenges, including a walkout by vulnerable nations and tensions over fossil fuel commitments. Despite these issues, a smaller group of negotiators secured a framework for the deal after intense discussions, marking the largest financial commitment from UN climate talks to date. However, skepticism remains about the adequacy of the funding, as much of it may come in the form of loans rather than grants. The agreement also lacks clarity on what counts as climate finance, raising concerns among developing countries about its effectiveness.

With a significance score of 5.3, this news ranks in the top 1% of today's 12771 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 8000 minimalists.

Timeline:

  1. [6.1]
    COP29 sets climate finance goal at $300 billion but developing nations call it inadequate (dawn.com)
    <1h

    ScoresSource
  2. [4.7]
    Pacific advocates criticize COP29 for failing to support vulnerable island nations (rnz.co.nz)
    1h
    Source
  3. [4.2]
    India rejects climate finance deal at COP29, citing Global South concerns (timesofindia.indiatimes.com)
    2h
    Source
  4. [6.0]
    Countries agree on new climate funding deal to support developing nations (oregonlive.com)
    3h

    ScoresSource
  5. [5.3]
    COP29 negotiators reach $300 billion climate funding deal after tense talks (livemint.com)
    3h

    ScoresSource
  6. [4.6]
    Developing nations call $300 billion climate finance deal insufficient at COP29 in Baku (geo.tv)
    4h
    Source
  7. [5.8]
    COP29 agrees to $300 billion climate finance target but India expresses disappointment (indianexpress.com)
    5h

    ScoresSource
  8. [4.3]
    Wealthy nations agree to boost climate aid at COP29 but face criticism from developing countries (dailymail.co.uk)
    5h
    Source
  9. [4.5]
    Wealthy nations agree to $300 billion climate aid deal at COP29 but exclude China (dailymail.co.uk)
    5h
    Source
  10. [4.5]
    Cop29 climate talks in Azerbaijan set new finance target and carbon trading rules (thespinoff.co.nz)
    5h
    Source
  11. [5.5]
    COP29 climate deal faces backlash from developing nations and New Zealand activists (rnz.co.nz)
    7h

    ScoresSource
  12. [4.1]
    EU president's absence at COP29 raises questions about climate commitment (express.co.uk)
    7h
    Source
  13. [5.8]
    Countries agree on new climate funding deal at UN talks in Baku (chicagotribune.com)
    8h

    ScoresSource
  14. [4.8]
    COP29 sets $300 billion climate finance target for developing nations by 2035 (economictimes.indiatimes.com)
    8h
    Source
  15. [5.8]
    Wealthy nations commit $300 billion for climate finance at COP29 but face criticism for inadequacy (irishtimes.com)
    8h

    ScoresSource
  16. [5.0]
    India criticizes COP29 climate finance deal as inadequate for developing nations (economictimes.indiatimes.com)
    8h

    ScoresSource
  17. [6.1]
    Rich countries pledge $300 billion for climate finance by 2035 at COP29 in Baku (sg.news.yahoo.com)
    8h

    ScoresSource
  18. [5.4]
    Developing nations criticize $300 billion climate finance deal at COP29 as inadequate (dawn.com)
    9h

    ScoresSource
  19. [5.7]
    New Zealand faces potential funding increase as COP29 sets climate finance target (odt.co.nz)
    9h

    ScoresSource
  20. [5.7]
    Countries reach funding agreement to support climate action for developing nations (castanet.net)
    9h

    ScoresSource
  21. [5.3]
    Cop29 climate deal faces backlash over insufficient funding for developing nations (news.yahoo.com)
    9h

    ScoresSource
  22. [4.3]
    COP29 climate summit faces backlash over inadequate agreements and absent leaders (news.yahoo.com)
    10h
    Source
  23. [4.8]
    Developed countries set low climate finance goal at COP29, disappointing many (newsroom.co.nz)
    10h
    Source
  24. [4.1]
    COP 29 climate talks in Baku conclude with limited progress (economist.com)
    10h
    Source
  25. [5.7]
    Critics slam Cop29 climate finance deal as inadequate for developing nations (theguardian.com)
    10h

    ScoresSource
  26. [5.8]
    New Zealand faces increased climate finance obligations under new COP29 agreement (rnz.co.nz)
    10h

    ScoresSource
  27. [4.3]
    India rejects COP29 climate finance deal, calls $300 billion pledge inadequate (timesofindia.indiatimes.com)
    10h
    Source
  28. [6.0]
    COP29 reaches $300 billion climate finance deal but developing nations seek more support (irishtimes.com)
    10h

    ScoresSource
  29. [4.5]
    COP29 talks in Baku fail to secure strong climate finance agreement (thehindu.com)
    12h
    Source
  30. [5.2]
    COP29 in Baku falls short on climate finance for developing nations (livemint.com)
    12h

    ScoresSource
  31. [5.6]
    COP29 climate talks conclude with $300 billion annual finance deal for developing nations (news.yahoo.com)
    13h

    ScoresSource
  32. [5.1]
    COP29 in Baku sets new climate finance goal but developing nations express disappointment (hindustantimes.com)
    13h

    ScoresSource
  33. [5.9]
    COP29 concludes with $300 billion climate finance deal for developing countries (bbc.com)
    13h

    ScoresSource
  34. [5.6]
    Cop29 climate deal faces backlash over funding shortfall for developing nations (independent.co.uk)
    13h

    ScoresSource
  35. [4.9]
    Activists criticize Cop29 climate finance deal as inadequate for developing nations (standard.co.uk)
    14h
    Source
  36. [5.6]
    Wealthy nations pledge $300 billion for climate support at Cop 29 but face criticism over fossil fuel plans (irishtimes.com)
    14h

    ScoresSource
  37. [5.6]
    Eamon Ryan praises COP29 climate finance deal despite criticism from activists (rte.ie)
    14h

    ScoresSource
  38. [4.4]
    Developing nations reject COP29 climate deal as inadequate funding falls short (forbes.com)
    15h
    Source
  39. [5.3]
    Rich nations struggle to commit to climate finance at COP29 in Baku (frontline.thehindu.com)
    15h

    ScoresSource
  40. [5.3]
    Greenpeace criticizes Cop29 climate finance deal as inadequate (standard.co.uk)
    15h

    ScoresSource
  41. [5.2]
    Developing countries criticize Cop29 climate finance deal as insufficient for urgent needs (irishtimes.com)
    15h

    ScoresSource
  42. [5.1]
    Greenpeace criticizes $300 billion climate finance deal at Cop29 as inadequate (news.yahoo.com)
    15h

    ScoresSource
  43. [4.8]
    Countries establish new carbon trading rules at Cop29 to support climate goals (news.yahoo.com)
    17h
    Source
  44. [4.8]
    Countries agree on new carbon market rules at COP29 to boost climate efforts (theguardian.com)
    17h
    Source
  45. [4.5]
    Irish climate minister calls COP29 deal a necessary step for future action (standard.co.uk)
    17h
    Source
  46. [4.2]
    COP29 in Azerbaijan agrees on $300 billion climate finance but faces criticism from developing nations (rappler.com)
    18h
    Source
  47. [4.7]
    Developing nations criticize $300 billion climate finance deal at COP29 summit (brecorder.com)
    19h
    Source
  48. [6.0]
    Developing nations criticize $300 billion climate deal at UN summit in Azerbaijan (news.yahoo.com)
    19h

    ScoresSource
  49. [6.3]
    Cop29 reaches climate finance deal but campaigners call it a betrayal (irishtimes.com)
    19h

    ScoresSource
  50. [4.5]
    India rejects $300 billion climate finance deal at COP29 summit (ndtv.com)
    20h
    Source
  51. [4.4]
    COP29 establishes carbon credit trading scheme amid criticism of effectiveness (rnz.co.nz)
    20h
    Source
  52. [4.9]
    COP29 climate talks in Azerbaijan secure $300 billion annual finance deal and global carbon trading rules (theconversation.com)
    21h
    Source
  53. [3.8]
    COP29 climate talks conclude with $300 billion finance deal and carbon trading rules (home.nzcity.co.nz)
    22h
    Source
  54. [5.5]
    Ed Miliband announces $300 billion climate deal at Cop29 in Azerbaijan (standard.co.uk)
    22h

    ScoresSource
  55. [5.3]
    Developed nations pledge $300 billion for climate aid but developing countries express disappointment (firstpost.com)
    23h

    ScoresSource
  56. [4.9]
    India rejects climate finance decision at COP29, advocates for Global South (hindustantimes.com)
    23h
    Source
  57. [5.1]
    COP29 climate summit in Baku extends negotiations over funding gap for developing nations (dawn.com)
    23h

    ScoresSource
  58. [5.3]
    Negotiators fail to finalize climate finance goal at Baku conference (dawn.com)
    24h

    ScoresSource
  59. [4.8]
    India rejects $300 billion climate finance package as inadequate for developing nations (timesnownews.com)
    24h
    Source
  60. [5.0]
    COP29 climate summit in Azerbaijan sets $300 billion annual climate finance target by 2035 (reuters.com)
    24h

    ScoresSource
  61. [4.3]
    India rejects $300 billion climate finance package at COP29 in Azerbaijan (zeenews.india.com)
    24h
    Source
  62. [3.9]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance goal by 2035 (gazette.com)
    24h
    Source
  63. [5.9]
    Developing nations criticize $300 billion climate deal at COP29 summit in Azerbaijan (thehindu.com)
    24h

    ScoresSource
  64. [5.1]
    COP29 secures $300 billion climate finance deal for developing countries but falls short of $1.3 trillion goal (forbes.com)
    24h

    ScoresSource
  65. [5.7]
    Wealthy nations commit $300 billion annually to support poorer countries in climate crisis response at COP29 (cnn.com)
    24h

    ScoresSource
  66. [5.7]
    Wealthy nations pledge $300 billion annually by 2035 to support Global South in climate fight (livemint.com)
    1d 1h

    ScoresSource
  67. [5.2]
    Developing nations criticize Cop29 climate deal as inadequate for their needs (scmp.com)
    1d 1h

    ScoresSource
  68. [4.2]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance target by 2035 (news.yahoo.com)
    1d 1h
    Source
  69. [5.9]
    Cop29 reaches $300 billion climate finance deal as developing nations call it inadequate (economictimes.indiatimes.com)
    1d 1h

    ScoresSource
  70. [5.5]
    Cop29 reaches $300 billion climate finance deal but developing nations call it inadequate (timesofindia.indiatimes.com)
    1d 1h

    ScoresSource
  71. [5.5]
    Richer nations pledge $300 billion to support climate action in developing countries at COP29 (bbc.com)
    1d 2h

    ScoresSource
  72. [5.8]
    Nations agree to $300 billion annual climate fund for developing countries at UN talks (triblive.com)
    1d 2h

    ScoresSource
  73. [5.5]
    India rejects climate finance package citing insufficient funds for developing nations (economictimes.indiatimes.com)
    1d 2h

    ScoresSource
  74. [5.6]
    Wealthy nations pledge $300 billion annually to support developing countries in climate fight (newsweek.com)
    1d 2h

    ScoresSource
  75. [5.8]
    Developing nations criticize $300 billion climate deal as inadequate (sg.news.yahoo.com)
    1d 2h

    ScoresSource
  76. [3.8]
    Nearly 200 nations agree on £240 billion climate finance deal at COP29 summit in Azerbaijan (dailymail.co.uk)
    1d 2h
    Source
  77. [6.2]
    UN climate talks secure $300 billion annual deal to aid developing nations (thestar.com)
    1d 3h

    ScoresSource
  78. [6.1]
    Countries agree on new climate funding deal at UN talks in Baku (thestar.com)
    1d 3h

    ScoresSource
  79. [5.9]
    Climate negotiators reach $300 billion deal at COP29 but face backlash from developing nations (npr.org)
    1d 3h

    ScoresSource
  80. [5.7]
    UN climate talks reach $300 billion annual funding deal for developing nations (gazette.com)
    1d 3h

    ScoresSource
  81. [6.0]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wmur.com)
    1d 3h

    ScoresSource
  82. [5.5]
    Nations agree to $300 billion annual climate fund for developing countries at COP29 (time.com)
    1d 3h

    ScoresSource
  83. [6.1]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wcvb.com)
    1d 3h

    ScoresSource
  84. [5.8]
    Countries reach $1.3 trillion climate finance deal at Cop29 but face backlash from campaigners (theguardian.com)
    1d 3h

    ScoresSource
  85. [6.2]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (kcra.com)
    1d 3h

    ScoresSource
  86. [5.7]
    Countries agree to $460 billion climate finance deal at COP29 conference (smh.com.au)
    1d 3h

    ScoresSource
  87. [5.9]
    Nations agree to $300 billion annual funding for developing countries at COP29 (cbsnews.com)
    1d 3h

    ScoresSource
  88. [5.8]
    Countries agree to $300 billion annual climate fund for developing nations (inquirer.net)
    1d 3h

    ScoresSource
  89. [5.7]
    Developed countries agree to $300 billion climate finance deal at COP29 (dw.com)
    1d 4h

    ScoresSource
  90. [4.9]
    COP29 reaches $300 billion climate finance deal to support developing nations (news.yahoo.com)
    1d 4h
    Source
  91. [5.1]
    COP29 concludes with climate finance deal to boost funding for developing nations (japantimes.co.jp)
    1d 4h

    ScoresSource
  92. [6.3]
    Nations agree on $300 billion annual climate funding for developing countries at UN talks (apnews.com)
    1d 4h

    ScoresSource
  93. [4.8]
    COP29 concludes with $300 billion annual climate finance deal for developing nations (euronews.com)
    1d 4h
    Source
  94. [5.4]
    Rich nations boost climate finance offer to $300 billion by 2035 at COP29 (nbcnews.com)
    1d 4h

    ScoresSource
  95. [5.6]
    Climate summit approves $300 billion financing deal for climate support (politico.eu)
    1d 4h

    ScoresSource
  96. [5.7]
    World reaches $300 billion climate deal for developing countries at COP29 (dw.com)
    1d 4h

    ScoresSource
  97. [5.6]
    COP29 concludes with agreement on $300 billion climate funding target (dw.com)
    1d 4h

    ScoresSource
  98. [5.9]
    COP29 reaches $300 billion annual deal to support developing countries in climate fight (cbc.ca)
    1d 4h

    ScoresSource
  99. [4.9]
    Countries agree to $300 billion climate finance target at COP29 in Azerbaijan (rappler.com)
    1d 4h
    Source
  100. [4.2]
    Disputes over climate finance stall progress at COP29 conference (thehindu.com)
    1d 4h
    Source
  101. [5.8]
    COP29 nations agree on $460 billion annual climate funding deal for developing countries (abc.net.au)
    1d 4h

    ScoresSource
  102. [5.3]
    COP29 reaches $300 billion climate finance agreement to aid developing nations (rnz.co.nz)
    1d 4h

    ScoresSource
  103. [4.5]
    Countries reach US$300 billion climate finance deal at Cop29 in Azerbaijan (scmp.com)
    1d 4h
    Source
  104. [6.1]
    Developed nations propose $300 billion annual climate finance for Global South by 2035 (thehindu.com)
    1d 5h

    ScoresSource
  105. [5.9]
    UN climate talks prepare to vote on $300 billion funding package for developing nations (chicagotribune.com)
    1d 5h

    ScoresSource
  106. [5.5]
    UN climate talks extend as negotiators seek $300 billion funding deal for developing nations (globalnews.ca)
    1d 5h

    ScoresSource
  107. [5.7]
    COP29 negotiators near agreement on $300 billion climate finance deal (newstalkzb.co.nz)
    1d 5h

    ScoresSource
  108. [5.2]
    COP29 proposes $300 billion annual climate finance deal for developing nations (gazette.com)
    1d 5h

    ScoresSource
  109. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    1d 5h

    ScoresSource
  110. [5.2]
    Dozens of nations walk out of COP29 climate talks over funding dispute in Baku (bbc.com)
    1d 6h

    ScoresSource
  111. [3.4]
    COP29 adopts carbon market rules as vulnerable nations seek increased climate finance (climatechangenews.com)
    1d 6h
    Source
  112. [6.0]
    Rich nations boost climate finance offer to $300 billion at COP29 (odt.co.nz)
    1d 7h

    ScoresSource
  113. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    1d 7h

    ScoresSource
  114. [4.7]
    Countries agree on carbon credit market rules at COP29 in Baku (ft.com)
    1d 7h
    Source
  115. [5.3]
    Wealthy nations boost climate finance offer to $300 billion at COP29 talks (news.yahoo.com)
    1d 8h

    ScoresSource
  116. [4.7]
    Countries fail to reach climate finance deal at COP29 after extended negotiations (economictimes.indiatimes.com)
    1d 8h
    Source
  117. [5.5]
    UN climate talks falter as developing nations reject draft deal for financial support (castanet.net)
    1d 8h

    ScoresSource
  118. [4.9]
    U.N. approves new carbon trading rules at COP29 climate talks (thehindu.com)
    1d 8h
    Source
  119. [4.9]
    U.N. climate talks face divisions as developing nations reject funding plan in Baku (latimes.com)
    1d 8h
    Source
  120. [4.8]
    UN climate talks falter as developing nations reject proposed $300 billion deal (pressherald.com)
    1d 8h
    Source
  121. [4.3]
    COP29 negotiations face challenges as talks extend beyond deadline (standard.co.uk)
    1d 8h
    Source
  122. [4.6]
    Hope rises for funding deal at UN climate talks despite ongoing opposition (gazette.com)
    1d 8h
    Source
  123. [5.4]
    Rich nations boost climate finance offer to $300 billion at COP29 to seek agreement (rnz.co.nz)
    1d 8h

    ScoresSource
  124. [4.3]
    Countries adopt UN carbon trading rules at COP29 (sg.news.yahoo.com)
    1d 9h
    Source
  125. [4.5]
    COP29 establishes global carbon credit trading market (gazette.com)
    1d 9h
    Source
  126. [4.9]
    Vulnerable nations walk out of COP29 climate talks as key ministers leave negotiations (newsroom.co.nz)
    1d 9h
    Source
  127. [4.3]
    Countries negotiate extended climate finance targets at COP29 summit (reuters.com)
    1d 10h
    Source
  128. [4.6]
    COP29 establishes rules for global carbon credit trading market (news.yahoo.com)
    1d 10h
    Source
  129. [3.1]
    Saudi Arabia faces accusations of altering COP29 negotiating text as tensions rise (firstpost.com)
    1d 10h
    Source
  130. [4.6]
    Wealthy nations boost climate finance offer to $300 billion at COP29 in Azerbaijan (geo.tv)
    1d 10h
    Source
  131. [5.3]
    UN climate summit faces crisis as vulnerable nations walk out of finance talks (ft.com)
    1d 11h

    ScoresSource
  132. [4.6]
    Developing nations walk out of COP29 climate talks over funding disputes (thejournal.ie)
    1d 11h
    Source
  133. [4.7]
    COP29 negotiations falter as small island nations exit talks over climate finance concerns (independent.co.uk)
    1d 11h
    Source
  134. [4.7]
    Developing nations walk out of UN climate talks over finance disputes in Baku (aljazeera.com)
    1d 11h
    Source
  135. [5.3]
    Tensions rise at Cop29 climate talks in Baku as developing nations walk out over finance disputes (irishtimes.com)
    1d 11h

    ScoresSource
  136. [4.9]
    Developing nations reject climate finance draft at COP29 as negotiations stall (time.com)
    1d 11h
    Source
  137. [5.1]
    UN climate talks falter as developing nations reject draft deal for financial support (gazette.com)
    1d 13h

    ScoresSource
  138. [4.2]
    Climate-vulnerable nations exit COP29 talks over funding disputes (news.sky.com)
    1d 13h
    Source
  139. [5.5]
    Developing nations reject climate financing draft at UN talks as tensions rise (regina.ctvnews.ca)
    1d 13h

    ScoresSource
  140. [3.7]
    Saudi Arabia faces accusations of altering Cop29 negotiating text, raising summit concerns (theguardian.com)
    1d 13h
    Source
  141. [5.4]
    Climate vulnerable nations walk out of COP29 talks in Azerbaijan (dw.com)
    1d 13h

    ScoresSource
  142. [5.5]
    Wealthy nations boost climate finance offer to $300 billion at COP29 (economictimes.indiatimes.com)
    1d 13h

    ScoresSource
  143. [5.4]
    Leaked climate finance draft at COP29 sparks outrage among developing nations (hindustantimes.com)
    1d 14h

    ScoresSource
  144. [5.7]
    Wealthy nations propose $300 billion climate deal for poorer countries at COP29 (politico.eu)
    1d 14h

    ScoresSource
  145. [5.1]
    Developing nations express disappointment over climate funding deal at COP29 (scmp.com)
    1d 16h

    ScoresSource
  146. [4.6]
    UN climate talks in Baku extend as negotiators seek financial deal for developing nations (gazette.com)
    1d 16h
    Source
  147. [5.1]
    Negotiators extend UN climate talks in Baku to secure funding for developing nations (independent.co.uk)
    1d 17h

    ScoresSource
  148. [5.4]
    COP29 in Azerbaijan struggles to reach climate finance deal as key leaders miss conference (nbcnews.com)
    1d 18h

    ScoresSource
  149. [4.7]
    Wealthy nations agree to raise climate finance target to $300 billion by 2035 at COP29 (geo.tv)
    1d 18h
    Source
  150. [4.5]
    Negotiations at Cop29 in Baku extend as climate finance deal remains unresolved (news.yahoo.com)
    1d 18h
    Source
  151. [6.3]
    Wealthy countries agree to boost climate finance to $300 billion annually at UN talks (theguardian.com)
    1d 19h

    ScoresSource
  152. [4.9]
    US and EU support new $300 billion annual climate finance target at COP29 (livemint.com)
    1d 19h
    Source
  153. [5.7]
    Developing countries reject new climate finance proposal as insufficient (dawn.com)
    1d 19h

    ScoresSource
  154. [6.0]
    Wealthy countries agree to boost climate finance offer to $300 billion annually at UN talks (news.yahoo.com)
    1d 20h

    ScoresSource
  155. [5.6]
    Wealthy nations agree to raise climate finance target to $300 billion at COP29 (news.yahoo.com)
    1d 21h

    ScoresSource
  156. [3.8]
    Frustration grows over climate progress as COP29 in Baku highlights funding and fossil fuel concerns (euronews.com)
    1d 21h
    Source
  157. [5.2]
    Wealthy nations agree to raise climate finance target to $300 billion at COP29 (gazette.com)
    1d 21h

    ScoresSource
  158. [3.9]
    COP29 climate finance talks stall as developing nations reject funding proposal (hindustantimes.com)
    1d 22h
    Source
  159. [5.4]
    COP29 negotiations stall on climate finance for developing nations (economictimes.indiatimes.com)
    1d 22h

    ScoresSource
  160. [5.2]
    Negotiators extend UN climate talks in Baku to secure funding for developing nations (gazette.com)
    1d 23h

    ScoresSource
  161. [5.7]
    Negotiators extend talks in Baku to secure climate funding for developing nations (clickondetroit.com)
    1d 23h

    ScoresSource
  162. [5.7]
    Negotiators extend talks in Baku to secure climate funding for developing nations (abcnews.go.com)
    1d 23h

    ScoresSource