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COP29 negotiators secure $300 billion climate deal but face criticism and controversy in Baku

standard.co.uk — November 25, 2024, 03:01 PM UTC

At the COP29 climate conference in Baku, negotiators reached a deal for wealthy nations to provide $300 billion annually to developing countries by 2035. This amount falls short of the $1.3 trillion needed, drawing criticism from several nations. The agreement includes provisions for carbon-cutting offsets, allowing high-emission countries to invest in projects in developing nations. Critics warn this could be exploited without strict regulations, undermining climate goals. The conference also faced controversy over Azerbaijan's president calling oil and gas a "gift from God." Activists expressed dissatisfaction with the outcomes, and the next COP will be held in Brazil, where fossil fuel production is set to increase.

With a significance score of 5.1, this news ranks in the top 2% of today's 15806 analyzed articles.

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

Timeline:

  1. [5.3]
    Economists warn Cop29 climate finance deal underestimates inflation impact on funding for poor nations (theguardian.com)
    2h

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  2. [6.3]
    Poor countries express anger over Cop29 climate finance deal shortfall (theconversation.com)
    2h

    ScoresSource
  3. [4.6]
    UN climate summit in Azerbaijan leaves key issues unresolved (theconversation.com)
    2h
    Source
  4. [4.7]
    COP29 concludes with $300 billion climate finance goal, faces criticism from developing nations (gmanetwork.com)
    3h
    Source
  5. [5.5]
    Small island nations nearly walk out of UN climate talks over funding issues (bbc.com)
    3h

    ScoresSource
  6. [4.7]
    COP29 opens in Azerbaijan as UN warns Paris Agreement goals are at risk (thehindu.com)
    3h
    Source
  7. [5.0]
    India raises concerns over climate finance commitments at Baku conference (hindustantimes.com)
    4h

    ScoresSource
  8. [5.1]
    COP29 negotiators secure $300 billion climate deal but face criticism and controversy in Baku (standard.co.uk)
    6h

    ScoresSource
  9. [5.1]
    China willing to increase climate finance if western nations lead, says Cop29 president (theguardian.com)
    6h

    ScoresSource
  10. [4.5]
    India rejects COP29 climate finance deal, calls it an optical illusion (businesstoday.in)
    8h
    Source
  11. [4.8]
    UN climate summit reaches $300 billion finance deal after intense negotiations (ft.com)
    9h
    Source
  12. [4.6]
    Businesses seek clarity on climate finance after mixed COP29 outcomes (thehindu.com)
    11h
    Source
  13. [4.5]
    COP29 climate talks in Baku yield limited progress on carbon trading and funding (livemint.com)
    11h
    Source
  14. [5.5]
    COP29 concludes with $300 billion annual climate funding deal for developing nations (euronews.com)
    12h

    ScoresSource
  15. [4.8]
    COP29 approves climate finance plan but highlights divisions and funding frustrations (thehindu.com)
    13h
    Source
  16. [6.0]
    UN climate summit in Baku agrees to boost funding for developing countries to $300 billion by 2035 (buffalonews.com)
    13h

    ScoresSource
  17. [4.4]
    COP29 negotiators reach carbon trading agreement but face criticism over flaws (theconversation.com)
    14h
    Source
  18. [4.5]
    COP29 approves new rules for international carbon trading in Baku (timesofindia.indiatimes.com)
    14h
    Source
  19. [4.7]
    India opposes new climate finance goal at COP29 in Azerbaijan (businesstoday.in)
    14h
    Source
  20. [5.0]
    Developed nations agree to $300 billion climate deal at COP29, facing backlash from India and others (firstpost.com)
    15h

    ScoresSource
  21. [4.9]
    Business seeks clarity on climate finance and carbon trading after COP29 agreements (reuters.com)
    15h
    Source
  22. [4.3]
    Countries set $300 billion climate finance target at COP29 but face challenges (gazette.com)
    15h
    Source
  23. [4.9]
    COP29 approves $300 billion climate finance plan despite criticism and tensions (gazette.com)
    15h
    Source
  24. [6.1]
    COP29 sets climate finance goal at $300 billion but developing nations call it inadequate (dawn.com)
    17h

    ScoresSource
  25. [4.7]
    Pacific advocates criticize COP29 for failing to support vulnerable island nations (rnz.co.nz)
    18h
    Source
  26. [4.2]
    India rejects climate finance deal at COP29, citing Global South concerns (timesofindia.indiatimes.com)
    19h
    Source
  27. [5.3]
    COP29 negotiators reach $300 billion climate funding deal after tense talks (livemint.com)
    20h

    ScoresSource
  28. [6.0]
    Countries agree on new climate funding deal to support developing nations (oregonlive.com)
    20h

    ScoresSource
  29. [4.6]
    Developing nations call $300 billion climate finance deal insufficient at COP29 in Baku (geo.tv)
    21h
    Source
  30. [4.5]
    Cop29 climate talks in Azerbaijan set new finance target and carbon trading rules (thespinoff.co.nz)
    22h
    Source
  31. [4.3]
    Wealthy nations agree to boost climate aid at COP29 but face criticism from developing countries (dailymail.co.uk)
    22h
    Source
  32. [4.5]
    Wealthy nations agree to $300 billion climate aid deal at COP29 but exclude China (dailymail.co.uk)
    22h
    Source
  33. [5.8]
    COP29 agrees to $300 billion climate finance target but India expresses disappointment (indianexpress.com)
    22h

    ScoresSource
  34. [5.5]
    COP29 climate deal faces backlash from developing nations and New Zealand activists (rnz.co.nz)
    24h

    ScoresSource
  35. [4.1]
    EU president's absence at COP29 raises questions about climate commitment (express.co.uk)
    24h
    Source
  36. [5.8]
    Countries agree on new climate funding deal at UN talks in Baku (chicagotribune.com)
    1d 1h

    ScoresSource
  37. [4.8]
    COP29 sets $300 billion climate finance target for developing nations by 2035 (economictimes.indiatimes.com)
    1d 1h
    Source
  38. [5.8]
    Wealthy nations commit $300 billion for climate finance at COP29 but face criticism for inadequacy (irishtimes.com)
    1d 1h

    ScoresSource
  39. [5.0]
    India criticizes COP29 climate finance deal as inadequate for developing nations (economictimes.indiatimes.com)
    1d 1h

    ScoresSource
  40. [6.1]
    Rich countries pledge $300 billion for climate finance by 2035 at COP29 in Baku (sg.news.yahoo.com)
    1d 1h

    ScoresSource
  41. [5.7]
    Countries reach funding agreement to support climate action for developing nations (castanet.net)
    1d 2h

    ScoresSource
  42. [5.3]
    Cop29 climate deal faces backlash over insufficient funding for developing nations (news.yahoo.com)
    1d 2h

    ScoresSource
  43. [5.7]
    New Zealand faces potential funding increase as COP29 sets climate finance target (odt.co.nz)
    1d 2h

    ScoresSource
  44. [5.4]
    Developing nations criticize $300 billion climate finance deal at COP29 as inadequate (dawn.com)
    1d 2h

    ScoresSource
  45. [5.7]
    Critics slam Cop29 climate finance deal as inadequate for developing nations (theguardian.com)
    1d 3h

    ScoresSource
  46. [4.1]
    COP 29 climate talks in Baku conclude with limited progress (economist.com)
    1d 3h
    Source
  47. [4.3]
    India rejects COP29 climate finance deal, calls $300 billion pledge inadequate (timesofindia.indiatimes.com)
    1d 3h
    Source
  48. [6.0]
    COP29 reaches $300 billion climate finance deal but developing nations seek more support (irishtimes.com)
    1d 3h

    ScoresSource
  49. [4.3]
    COP29 climate summit faces backlash over inadequate agreements and absent leaders (news.yahoo.com)
    1d 3h
    Source
  50. [4.8]
    Developed countries set low climate finance goal at COP29, disappointing many (newsroom.co.nz)
    1d 3h
    Source
  51. [5.8]
    New Zealand faces increased climate finance obligations under new COP29 agreement (rnz.co.nz)
    1d 3h

    ScoresSource
  52. [4.5]
    COP29 talks in Baku fail to secure strong climate finance agreement (thehindu.com)
    1d 5h
    Source
  53. [5.2]
    COP29 in Baku falls short on climate finance for developing nations (livemint.com)
    1d 5h

    ScoresSource
  54. [5.9]
    COP29 concludes with $300 billion climate finance deal for developing countries (bbc.com)
    1d 6h

    ScoresSource
  55. [5.1]
    COP29 in Baku sets new climate finance goal but developing nations express disappointment (hindustantimes.com)
    1d 6h

    ScoresSource
  56. [5.6]
    Cop29 climate deal faces backlash over funding shortfall for developing nations (independent.co.uk)
    1d 6h

    ScoresSource
  57. [5.6]
    COP29 climate talks conclude with $300 billion annual finance deal for developing nations (news.yahoo.com)
    1d 6h

    ScoresSource
  58. [5.6]
    Eamon Ryan praises COP29 climate finance deal despite criticism from activists (rte.ie)
    1d 7h

    ScoresSource
  59. [5.6]
    Wealthy nations pledge $300 billion for climate support at Cop 29 but face criticism over fossil fuel plans (irishtimes.com)
    1d 7h

    ScoresSource
  60. [4.9]
    Activists criticize Cop29 climate finance deal as inadequate for developing nations (standard.co.uk)
    1d 7h
    Source
  61. [5.3]
    Rich nations struggle to commit to climate finance at COP29 in Baku (frontline.thehindu.com)
    1d 8h

    ScoresSource
  62. [5.2]
    Developing countries criticize Cop29 climate finance deal as insufficient for urgent needs (irishtimes.com)
    1d 8h

    ScoresSource
  63. [5.1]
    Greenpeace criticizes $300 billion climate finance deal at Cop29 as inadequate (news.yahoo.com)
    1d 8h

    ScoresSource
  64. [4.4]
    Developing nations reject COP29 climate deal as inadequate funding falls short (forbes.com)
    1d 8h
    Source
  65. [5.3]
    Greenpeace criticizes Cop29 climate finance deal as inadequate (standard.co.uk)
    1d 8h

    ScoresSource
  66. [4.5]
    Irish climate minister calls COP29 deal a necessary step for future action (standard.co.uk)
    1d 10h
    Source
  67. [4.8]
    Countries establish new carbon trading rules at Cop29 to support climate goals (news.yahoo.com)
    1d 10h
    Source
  68. [4.8]
    Countries agree on new carbon market rules at COP29 to boost climate efforts (theguardian.com)
    1d 10h
    Source
  69. [4.2]
    COP29 in Azerbaijan agrees on $300 billion climate finance but faces criticism from developing nations (rappler.com)
    1d 11h
    Source
  70. [4.0]
    COP29 highlights uncertainty in climate action as Trump era approaches (politico.eu)
    1d 11h
    Source
  71. [4.7]
    Developing nations criticize $300 billion climate finance deal at COP29 summit (brecorder.com)
    1d 12h
    Source
  72. [6.3]
    Cop29 reaches climate finance deal but campaigners call it a betrayal (irishtimes.com)
    1d 12h

    ScoresSource
  73. [6.0]
    Developing nations criticize $300 billion climate deal at UN summit in Azerbaijan (news.yahoo.com)
    1d 12h

    ScoresSource
  74. [4.4]
    COP29 establishes carbon credit trading scheme amid criticism of effectiveness (rnz.co.nz)
    1d 13h
    Source
  75. [4.5]
    India rejects $300 billion climate finance deal at COP29 summit (ndtv.com)
    1d 13h
    Source
  76. [4.9]
    COP29 climate talks in Azerbaijan secure $300 billion annual finance deal and global carbon trading rules (theconversation.com)
    1d 14h
    Source
  77. [5.5]
    Ed Miliband announces $300 billion climate deal at Cop29 in Azerbaijan (standard.co.uk)
    1d 15h

    ScoresSource
  78. [3.8]
    COP29 climate talks conclude with $300 billion finance deal and carbon trading rules (home.nzcity.co.nz)
    1d 15h
    Source
  79. [4.9]
    India rejects climate finance decision at COP29, advocates for Global South (hindustantimes.com)
    1d 16h
    Source
  80. [5.3]
    Developed nations pledge $300 billion for climate aid but developing countries express disappointment (firstpost.com)
    1d 16h

    ScoresSource
  81. [5.1]
    COP29 climate summit in Baku extends negotiations over funding gap for developing nations (dawn.com)
    1d 16h

    ScoresSource
  82. [5.7]
    Wealthy nations commit $300 billion annually to support poorer countries in climate crisis response at COP29 (cnn.com)
    1d 17h

    ScoresSource
  83. [4.3]
    India rejects $300 billion climate finance package at COP29 in Azerbaijan (zeenews.india.com)
    1d 17h
    Source
  84. [5.9]
    Developing nations criticize $300 billion climate deal at COP29 summit in Azerbaijan (thehindu.com)
    1d 17h

    ScoresSource
  85. [5.0]
    COP29 climate summit in Azerbaijan sets $300 billion annual climate finance target by 2035 (reuters.com)
    1d 17h

    ScoresSource
  86. [5.1]
    COP29 secures $300 billion climate finance deal for developing countries but falls short of $1.3 trillion goal (forbes.com)
    1d 17h

    ScoresSource
  87. [4.8]
    India rejects $300 billion climate finance package as inadequate for developing nations (timesnownews.com)
    1d 17h
    Source
  88. [5.3]
    Negotiators fail to finalize climate finance goal at Baku conference (dawn.com)
    1d 17h

    ScoresSource
  89. [3.9]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance goal by 2035 (gazette.com)
    1d 17h
    Source
  90. [5.7]
    Wealthy nations pledge $300 billion annually by 2035 to support Global South in climate fight (livemint.com)
    1d 18h

    ScoresSource
  91. [5.9]
    Cop29 reaches $300 billion climate finance deal as developing nations call it inadequate (economictimes.indiatimes.com)
    1d 18h

    ScoresSource
  92. [5.5]
    Cop29 reaches $300 billion climate finance deal but developing nations call it inadequate (timesofindia.indiatimes.com)
    1d 18h

    ScoresSource
  93. [4.2]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance target by 2035 (news.yahoo.com)
    1d 18h
    Source
  94. [5.2]
    Developing nations criticize Cop29 climate deal as inadequate for their needs (scmp.com)
    1d 18h

    ScoresSource
  95. [5.8]
    Nations agree to $300 billion annual climate fund for developing countries at UN talks (triblive.com)
    1d 19h

    ScoresSource
  96. [3.8]
    Nearly 200 nations agree on £240 billion climate finance deal at COP29 summit in Azerbaijan (dailymail.co.uk)
    1d 19h
    Source
  97. [5.5]
    India rejects climate finance package citing insufficient funds for developing nations (economictimes.indiatimes.com)
    1d 19h

    ScoresSource
  98. [5.8]
    Developing nations criticize $300 billion climate deal as inadequate (sg.news.yahoo.com)
    1d 19h

    ScoresSource
  99. [5.5]
    Richer nations pledge $300 billion to support climate action in developing countries at COP29 (bbc.com)
    1d 19h

    ScoresSource
  100. [5.6]
    Wealthy nations pledge $300 billion annually to support developing countries in climate fight (newsweek.com)
    1d 19h

    ScoresSource
  101. [5.7]
    Countries agree to $460 billion climate finance deal at COP29 conference (smh.com.au)
    1d 20h

    ScoresSource
  102. [6.1]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wcvb.com)
    1d 20h

    ScoresSource
  103. [6.0]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wmur.com)
    1d 20h

    ScoresSource
  104. [5.8]
    Countries reach $1.3 trillion climate finance deal at Cop29 but face backlash from campaigners (theguardian.com)
    1d 20h

    ScoresSource
  105. [5.9]
    Nations agree to $300 billion annual funding for developing countries at COP29 (cbsnews.com)
    1d 20h

    ScoresSource
  106. [6.1]
    Countries agree on new climate funding deal at UN talks in Baku (thestar.com)
    1d 20h

    ScoresSource
  107. [6.2]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (kcra.com)
    1d 20h

    ScoresSource
  108. [5.9]
    Climate negotiators reach $300 billion deal at COP29 but face backlash from developing nations (npr.org)
    1d 20h

    ScoresSource
  109. [5.7]
    UN climate talks reach $300 billion annual funding deal for developing nations (gazette.com)
    1d 20h

    ScoresSource
  110. [5.8]
    Countries agree to $300 billion annual climate fund for developing nations (inquirer.net)
    1d 20h

    ScoresSource
  111. [6.2]
    UN climate talks secure $300 billion annual deal to aid developing nations (thestar.com)
    1d 20h

    ScoresSource
  112. [5.5]
    Nations agree to $300 billion annual climate fund for developing countries at COP29 (time.com)
    1d 20h

    ScoresSource
  113. [5.6]
    Climate summit approves $300 billion financing deal for climate support (politico.eu)
    1d 21h

    ScoresSource
  114. [5.7]
    World reaches $300 billion climate deal for developing countries at COP29 (dw.com)
    1d 21h

    ScoresSource
  115. [5.9]
    COP29 reaches $300 billion annual deal to support developing countries in climate fight (cbc.ca)
    1d 21h

    ScoresSource
  116. [4.5]
    Countries reach US$300 billion climate finance deal at Cop29 in Azerbaijan (scmp.com)
    1d 21h
    Source
  117. [5.3]
    COP29 reaches $300 billion climate finance agreement to aid developing nations (rnz.co.nz)
    1d 21h

    ScoresSource
  118. [5.7]
    Developed countries agree to $300 billion climate finance deal at COP29 (dw.com)
    1d 21h

    ScoresSource
  119. [4.9]
    COP29 reaches $300 billion climate finance deal to support developing nations (news.yahoo.com)
    1d 21h
    Source
  120. [6.3]
    Nations agree on $300 billion annual climate funding for developing countries at UN talks (apnews.com)
    1d 21h

    ScoresSource
  121. [4.8]
    COP29 concludes with $300 billion annual climate finance deal for developing nations (euronews.com)
    1d 21h
    Source
  122. [5.1]
    COP29 concludes with climate finance deal to boost funding for developing nations (japantimes.co.jp)
    1d 21h

    ScoresSource
  123. [5.8]
    COP29 nations agree on $460 billion annual climate funding deal for developing countries (abc.net.au)
    1d 21h

    ScoresSource
  124. [5.6]
    COP29 concludes with agreement on $300 billion climate funding target (dw.com)
    1d 21h

    ScoresSource
  125. [5.4]
    Rich nations boost climate finance offer to $300 billion by 2035 at COP29 (nbcnews.com)
    1d 21h

    ScoresSource
  126. [4.9]
    Countries agree to $300 billion climate finance target at COP29 in Azerbaijan (rappler.com)
    1d 21h
    Source
  127. [4.2]
    Disputes over climate finance stall progress at COP29 conference (thehindu.com)
    1d 21h
    Source
  128. [5.5]
    UN climate talks extend as negotiators seek $300 billion funding deal for developing nations (globalnews.ca)
    1d 22h

    ScoresSource
  129. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    1d 22h

    ScoresSource
  130. [5.7]
    COP29 negotiators near agreement on $300 billion climate finance deal (newstalkzb.co.nz)
    1d 22h

    ScoresSource
  131. [6.1]
    Developed nations propose $300 billion annual climate finance for Global South by 2035 (thehindu.com)
    1d 22h

    ScoresSource
  132. [5.2]
    COP29 proposes $300 billion annual climate finance deal for developing nations (gazette.com)
    1d 22h

    ScoresSource
  133. [5.9]
    UN climate talks prepare to vote on $300 billion funding package for developing nations (chicagotribune.com)
    1d 22h

    ScoresSource
  134. [5.2]
    Dozens of nations walk out of COP29 climate talks over funding dispute in Baku (bbc.com)
    1d 23h

    ScoresSource
  135. [3.4]
    COP29 adopts carbon market rules as vulnerable nations seek increased climate finance (climatechangenews.com)
    1d 23h
    Source