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COP29 sets climate finance goal at $300 billion but developing nations call it inadequate

dawn.com — November 25, 2024, 04:01 AM UTC

At COP29 in Baku, a new climate finance goal of $300 billion per year by 2035 was agreed upon, but many developing countries find it inadequate. Pakistan alone needs $380 billion by 2030 to meet its climate targets. The Global South had initially sought $1.3 trillion annually. The final agreement fell short, with delegates from India and Nigeria criticizing the amount as "paltry" and "an insult." Concerns were raised about the quality of the funding, with a preference for public finance over private sources. The agreement includes a commitment to review progress by 2030, but many feel it does not address the urgent needs of developing nations. The only widely accepted outcome was the adoption of carbon market guidelines under the Paris Agreement.

With a significance score of 6.1, this news ranks in the top 1% of today's 13278 analyzed articles.

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

Timeline:

  1. [4.5]
    COP29 approves new rules for international carbon trading in Baku (timesofindia.indiatimes.com)
    <1h
    Source
  2. [4.7]
    India opposes new climate finance goal at COP29 in Azerbaijan (businesstoday.in)
    <1h
    Source
  3. [4.4]
    COP29 negotiators reach carbon trading agreement but face criticism over flaws (theconversation.com)
    <1h
    Source
  4. [4.9]
    Business seeks clarity on climate finance and carbon trading after COP29 agreements (reuters.com)
    1h
    Source
  5. [4.3]
    Countries set $300 billion climate finance target at COP29 but face challenges (gazette.com)
    1h
    Source
  6. [5.0]
    Developed nations agree to $300 billion climate deal at COP29, facing backlash from India and others (firstpost.com)
    1h

    ScoresSource
  7. [4.9]
    COP29 approves $300 billion climate finance plan despite criticism and tensions (gazette.com)
    1h
    Source
  8. [6.1]
    COP29 sets climate finance goal at $300 billion but developing nations call it inadequate (dawn.com)
    3h

    ScoresSource
  9. [4.7]
    Pacific advocates criticize COP29 for failing to support vulnerable island nations (rnz.co.nz)
    4h
    Source
  10. [4.2]
    India rejects climate finance deal at COP29, citing Global South concerns (timesofindia.indiatimes.com)
    5h
    Source
  11. [5.3]
    COP29 negotiators reach $300 billion climate funding deal after tense talks (livemint.com)
    6h

    ScoresSource
  12. [6.0]
    Countries agree on new climate funding deal to support developing nations (oregonlive.com)
    6h

    ScoresSource
  13. [4.6]
    Developing nations call $300 billion climate finance deal insufficient at COP29 in Baku (geo.tv)
    7h
    Source
  14. [5.8]
    COP29 agrees to $300 billion climate finance target but India expresses disappointment (indianexpress.com)
    8h

    ScoresSource
  15. [4.5]
    Wealthy nations agree to $300 billion climate aid deal at COP29 but exclude China (dailymail.co.uk)
    8h
    Source
  16. [4.5]
    Cop29 climate talks in Azerbaijan set new finance target and carbon trading rules (thespinoff.co.nz)
    8h
    Source
  17. [4.3]
    Wealthy nations agree to boost climate aid at COP29 but face criticism from developing countries (dailymail.co.uk)
    8h
    Source
  18. [4.1]
    EU president's absence at COP29 raises questions about climate commitment (express.co.uk)
    10h
    Source
  19. [5.5]
    COP29 climate deal faces backlash from developing nations and New Zealand activists (rnz.co.nz)
    10h

    ScoresSource
  20. [5.8]
    Countries agree on new climate funding deal at UN talks in Baku (chicagotribune.com)
    11h

    ScoresSource
  21. [5.0]
    India criticizes COP29 climate finance deal as inadequate for developing nations (economictimes.indiatimes.com)
    11h

    ScoresSource
  22. [4.8]
    COP29 sets $300 billion climate finance target for developing nations by 2035 (economictimes.indiatimes.com)
    11h
    Source
  23. [6.1]
    Rich countries pledge $300 billion for climate finance by 2035 at COP29 in Baku (sg.news.yahoo.com)
    11h

    ScoresSource
  24. [5.8]
    Wealthy nations commit $300 billion for climate finance at COP29 but face criticism for inadequacy (irishtimes.com)
    11h

    ScoresSource
  25. [5.7]
    Countries reach funding agreement to support climate action for developing nations (castanet.net)
    12h

    ScoresSource
  26. [5.4]
    Developing nations criticize $300 billion climate finance deal at COP29 as inadequate (dawn.com)
    12h

    ScoresSource
  27. [5.7]
    New Zealand faces potential funding increase as COP29 sets climate finance target (odt.co.nz)
    12h

    ScoresSource
  28. [5.3]
    Cop29 climate deal faces backlash over insufficient funding for developing nations (news.yahoo.com)
    12h

    ScoresSource
  29. [4.3]
    COP29 climate summit faces backlash over inadequate agreements and absent leaders (news.yahoo.com)
    13h
    Source
  30. [4.8]
    Developed countries set low climate finance goal at COP29, disappointing many (newsroom.co.nz)
    13h
    Source
  31. [5.7]
    Critics slam Cop29 climate finance deal as inadequate for developing nations (theguardian.com)
    13h

    ScoresSource
  32. [5.8]
    New Zealand faces increased climate finance obligations under new COP29 agreement (rnz.co.nz)
    13h

    ScoresSource
  33. [4.3]
    India rejects COP29 climate finance deal, calls $300 billion pledge inadequate (timesofindia.indiatimes.com)
    13h
    Source
  34. [6.0]
    COP29 reaches $300 billion climate finance deal but developing nations seek more support (irishtimes.com)
    13h

    ScoresSource
  35. [4.1]
    COP 29 climate talks in Baku conclude with limited progress (economist.com)
    13h
    Source
  36. [4.5]
    COP29 talks in Baku fail to secure strong climate finance agreement (thehindu.com)
    15h
    Source
  37. [5.2]
    COP29 in Baku falls short on climate finance for developing nations (livemint.com)
    15h

    ScoresSource
  38. [5.6]
    Cop29 climate deal faces backlash over funding shortfall for developing nations (independent.co.uk)
    16h

    ScoresSource
  39. [5.9]
    COP29 concludes with $300 billion climate finance deal for developing countries (bbc.com)
    16h

    ScoresSource
  40. [5.6]
    COP29 climate talks conclude with $300 billion annual finance deal for developing nations (news.yahoo.com)
    16h

    ScoresSource
  41. [5.1]
    COP29 in Baku sets new climate finance goal but developing nations express disappointment (hindustantimes.com)
    16h

    ScoresSource
  42. [5.6]
    Wealthy nations pledge $300 billion for climate support at Cop 29 but face criticism over fossil fuel plans (irishtimes.com)
    17h

    ScoresSource
  43. [5.6]
    Eamon Ryan praises COP29 climate finance deal despite criticism from activists (rte.ie)
    17h

    ScoresSource
  44. [4.9]
    Activists criticize Cop29 climate finance deal as inadequate for developing nations (standard.co.uk)
    17h
    Source
  45. [5.3]
    Greenpeace criticizes Cop29 climate finance deal as inadequate (standard.co.uk)
    18h

    ScoresSource
  46. [5.3]
    Rich nations struggle to commit to climate finance at COP29 in Baku (frontline.thehindu.com)
    18h

    ScoresSource
  47. [5.2]
    Developing countries criticize Cop29 climate finance deal as insufficient for urgent needs (irishtimes.com)
    18h

    ScoresSource
  48. [4.4]
    Developing nations reject COP29 climate deal as inadequate funding falls short (forbes.com)
    18h
    Source
  49. [5.1]
    Greenpeace criticizes $300 billion climate finance deal at Cop29 as inadequate (news.yahoo.com)
    18h

    ScoresSource
  50. [4.8]
    Countries agree on new carbon market rules at COP29 to boost climate efforts (theguardian.com)
    20h
    Source
  51. [4.8]
    Countries establish new carbon trading rules at Cop29 to support climate goals (news.yahoo.com)
    20h
    Source
  52. [4.5]
    Irish climate minister calls COP29 deal a necessary step for future action (standard.co.uk)
    20h
    Source
  53. [4.2]
    COP29 in Azerbaijan agrees on $300 billion climate finance but faces criticism from developing nations (rappler.com)
    21h
    Source
  54. [6.0]
    Developing nations criticize $300 billion climate deal at UN summit in Azerbaijan (news.yahoo.com)
    22h

    ScoresSource
  55. [4.7]
    Developing nations criticize $300 billion climate finance deal at COP29 summit (brecorder.com)
    22h
    Source
  56. [6.3]
    Cop29 reaches climate finance deal but campaigners call it a betrayal (irishtimes.com)
    22h

    ScoresSource
  57. [4.4]
    COP29 establishes carbon credit trading scheme amid criticism of effectiveness (rnz.co.nz)
    23h
    Source
  58. [4.5]
    India rejects $300 billion climate finance deal at COP29 summit (ndtv.com)
    23h
    Source
  59. [4.9]
    COP29 climate talks in Azerbaijan secure $300 billion annual finance deal and global carbon trading rules (theconversation.com)
    24h
    Source
  60. [3.8]
    COP29 climate talks conclude with $300 billion finance deal and carbon trading rules (home.nzcity.co.nz)
    1d 1h
    Source
  61. [5.5]
    Ed Miliband announces $300 billion climate deal at Cop29 in Azerbaijan (standard.co.uk)
    1d 1h

    ScoresSource
  62. [5.3]
    Developed nations pledge $300 billion for climate aid but developing countries express disappointment (firstpost.com)
    1d 2h

    ScoresSource
  63. [4.9]
    India rejects climate finance decision at COP29, advocates for Global South (hindustantimes.com)
    1d 2h
    Source
  64. [5.1]
    COP29 climate summit in Baku extends negotiations over funding gap for developing nations (dawn.com)
    1d 2h

    ScoresSource
  65. [5.1]
    COP29 secures $300 billion climate finance deal for developing countries but falls short of $1.3 trillion goal (forbes.com)
    1d 3h

    ScoresSource
  66. [5.0]
    COP29 climate summit in Azerbaijan sets $300 billion annual climate finance target by 2035 (reuters.com)
    1d 3h

    ScoresSource
  67. [3.9]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance goal by 2035 (gazette.com)
    1d 3h
    Source
  68. [5.3]
    Negotiators fail to finalize climate finance goal at Baku conference (dawn.com)
    1d 3h

    ScoresSource
  69. [4.3]
    India rejects $300 billion climate finance package at COP29 in Azerbaijan (zeenews.india.com)
    1d 3h
    Source
  70. [5.7]
    Wealthy nations commit $300 billion annually to support poorer countries in climate crisis response at COP29 (cnn.com)
    1d 3h

    ScoresSource
  71. [5.9]
    Developing nations criticize $300 billion climate deal at COP29 summit in Azerbaijan (thehindu.com)
    1d 3h

    ScoresSource
  72. [4.8]
    India rejects $300 billion climate finance package as inadequate for developing nations (timesnownews.com)
    1d 3h
    Source
  73. [5.5]
    Cop29 reaches $300 billion climate finance deal but developing nations call it inadequate (timesofindia.indiatimes.com)
    1d 4h

    ScoresSource
  74. [5.2]
    Developing nations criticize Cop29 climate deal as inadequate for their needs (scmp.com)
    1d 4h

    ScoresSource
  75. [5.9]
    Cop29 reaches $300 billion climate finance deal as developing nations call it inadequate (economictimes.indiatimes.com)
    1d 4h

    ScoresSource
  76. [4.2]
    COP29 climate summit in Azerbaijan sets $300 billion annual finance target by 2035 (news.yahoo.com)
    1d 4h
    Source
  77. [5.7]
    Wealthy nations pledge $300 billion annually by 2035 to support Global South in climate fight (livemint.com)
    1d 4h

    ScoresSource
  78. [5.5]
    Richer nations pledge $300 billion to support climate action in developing countries at COP29 (bbc.com)
    1d 5h

    ScoresSource
  79. [5.5]
    India rejects climate finance package citing insufficient funds for developing nations (economictimes.indiatimes.com)
    1d 5h

    ScoresSource
  80. [5.8]
    Developing nations criticize $300 billion climate deal as inadequate (sg.news.yahoo.com)
    1d 5h

    ScoresSource
  81. [5.6]
    Wealthy nations pledge $300 billion annually to support developing countries in climate fight (newsweek.com)
    1d 5h

    ScoresSource
  82. [3.8]
    Nearly 200 nations agree on £240 billion climate finance deal at COP29 summit in Azerbaijan (dailymail.co.uk)
    1d 5h
    Source
  83. [5.8]
    Nations agree to $300 billion annual climate fund for developing countries at UN talks (triblive.com)
    1d 5h

    ScoresSource
  84. [5.8]
    Countries agree to $300 billion annual climate fund for developing nations (inquirer.net)
    1d 6h

    ScoresSource
  85. [6.1]
    Countries agree on new climate funding deal at UN talks in Baku (thestar.com)
    1d 6h

    ScoresSource
  86. [5.5]
    Nations agree to $300 billion annual climate fund for developing countries at COP29 (time.com)
    1d 6h

    ScoresSource
  87. [6.2]
    UN climate talks secure $300 billion annual deal to aid developing nations (thestar.com)
    1d 6h

    ScoresSource
  88. [6.2]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (kcra.com)
    1d 6h

    ScoresSource
  89. [5.8]
    Countries reach $1.3 trillion climate finance deal at Cop29 but face backlash from campaigners (theguardian.com)
    1d 6h

    ScoresSource
  90. [5.9]
    Climate negotiators reach $300 billion deal at COP29 but face backlash from developing nations (npr.org)
    1d 6h

    ScoresSource
  91. [6.1]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wcvb.com)
    1d 6h

    ScoresSource
  92. [5.7]
    Countries agree to $460 billion climate finance deal at COP29 conference (smh.com.au)
    1d 6h

    ScoresSource
  93. [5.9]
    Nations agree to $300 billion annual funding for developing countries at COP29 (cbsnews.com)
    1d 6h

    ScoresSource
  94. [5.7]
    UN climate talks reach $300 billion annual funding deal for developing nations (gazette.com)
    1d 6h

    ScoresSource
  95. [6.0]
    Nations agree on $300 billion annual climate fund for developing countries at UN talks (wmur.com)
    1d 6h

    ScoresSource
  96. [5.7]
    World reaches $300 billion climate deal for developing countries at COP29 (dw.com)
    1d 7h

    ScoresSource
  97. [4.9]
    COP29 reaches $300 billion climate finance deal to support developing nations (news.yahoo.com)
    1d 7h
    Source
  98. [5.3]
    COP29 reaches $300 billion climate finance agreement to aid developing nations (rnz.co.nz)
    1d 7h

    ScoresSource
  99. [4.5]
    Countries reach US$300 billion climate finance deal at Cop29 in Azerbaijan (scmp.com)
    1d 7h
    Source
  100. [5.1]
    COP29 concludes with climate finance deal to boost funding for developing nations (japantimes.co.jp)
    1d 7h

    ScoresSource
  101. [5.7]
    Developed countries agree to $300 billion climate finance deal at COP29 (dw.com)
    1d 7h

    ScoresSource
  102. [5.6]
    Climate summit approves $300 billion financing deal for climate support (politico.eu)
    1d 7h

    ScoresSource
  103. [6.3]
    Nations agree on $300 billion annual climate funding for developing countries at UN talks (apnews.com)
    1d 7h

    ScoresSource
  104. [4.8]
    COP29 concludes with $300 billion annual climate finance deal for developing nations (euronews.com)
    1d 7h
    Source
  105. [5.4]
    Rich nations boost climate finance offer to $300 billion by 2035 at COP29 (nbcnews.com)
    1d 7h

    ScoresSource
  106. [5.6]
    COP29 concludes with agreement on $300 billion climate funding target (dw.com)
    1d 7h

    ScoresSource
  107. [5.9]
    COP29 reaches $300 billion annual deal to support developing countries in climate fight (cbc.ca)
    1d 7h

    ScoresSource
  108. [4.9]
    Countries agree to $300 billion climate finance target at COP29 in Azerbaijan (rappler.com)
    1d 7h
    Source
  109. [4.2]
    Disputes over climate finance stall progress at COP29 conference (thehindu.com)
    1d 7h
    Source
  110. [5.8]
    COP29 nations agree on $460 billion annual climate funding deal for developing countries (abc.net.au)
    1d 7h

    ScoresSource
  111. [5.5]
    UN climate talks extend as negotiators seek $300 billion funding deal for developing nations (globalnews.ca)
    1d 8h

    ScoresSource
  112. [5.7]
    COP29 negotiators near agreement on $300 billion climate finance deal (newstalkzb.co.nz)
    1d 8h

    ScoresSource
  113. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    1d 8h

    ScoresSource
  114. [6.1]
    Developed nations propose $300 billion annual climate finance for Global South by 2035 (thehindu.com)
    1d 8h

    ScoresSource
  115. [5.9]
    UN climate talks prepare to vote on $300 billion funding package for developing nations (chicagotribune.com)
    1d 8h

    ScoresSource
  116. [5.2]
    COP29 proposes $300 billion annual climate finance deal for developing nations (gazette.com)
    1d 8h

    ScoresSource
  117. [5.2]
    Dozens of nations walk out of COP29 climate talks over funding dispute in Baku (bbc.com)
    1d 9h

    ScoresSource
  118. [3.4]
    COP29 adopts carbon market rules as vulnerable nations seek increased climate finance (climatechangenews.com)
    1d 9h
    Source
  119. [5.6]
    Developing nations reject climate finance deal at UN talks in Azerbaijan (cnn.com)
    1d 10h

    ScoresSource
  120. [4.7]
    Countries agree on carbon credit market rules at COP29 in Baku (ft.com)
    1d 10h
    Source
  121. [6.0]
    Rich nations boost climate finance offer to $300 billion at COP29 (odt.co.nz)
    1d 10h

    ScoresSource
  122. [5.5]
    UN climate talks falter as developing nations reject draft deal for financial support (castanet.net)
    1d 11h

    ScoresSource
  123. [4.8]
    UN climate talks falter as developing nations reject proposed $300 billion deal (pressherald.com)
    1d 11h
    Source
  124. [4.7]
    Countries fail to reach climate finance deal at COP29 after extended negotiations (economictimes.indiatimes.com)
    1d 11h
    Source
  125. [5.3]
    Wealthy nations boost climate finance offer to $300 billion at COP29 talks (news.yahoo.com)
    1d 11h

    ScoresSource
  126. [4.6]
    Hope rises for funding deal at UN climate talks despite ongoing opposition (gazette.com)
    1d 11h
    Source
  127. [5.4]
    Rich nations boost climate finance offer to $300 billion at COP29 to seek agreement (rnz.co.nz)
    1d 11h

    ScoresSource
  128. [4.9]
    U.N. climate talks face divisions as developing nations reject funding plan in Baku (latimes.com)
    1d 11h
    Source
  129. [4.9]
    U.N. approves new carbon trading rules at COP29 climate talks (thehindu.com)
    1d 11h
    Source
  130. [4.3]
    COP29 negotiations face challenges as talks extend beyond deadline (standard.co.uk)
    1d 11h
    Source
  131. [4.3]
    Countries adopt UN carbon trading rules at COP29 (sg.news.yahoo.com)
    1d 12h
    Source
  132. [4.9]
    Vulnerable nations walk out of COP29 climate talks as key ministers leave negotiations (newsroom.co.nz)
    1d 12h
    Source
  133. [4.5]
    COP29 establishes global carbon credit trading market (gazette.com)
    1d 12h
    Source
  134. [4.6]
    Wealthy nations boost climate finance offer to $300 billion at COP29 in Azerbaijan (geo.tv)
    1d 13h
    Source
  135. [3.1]
    Saudi Arabia faces accusations of altering COP29 negotiating text as tensions rise (firstpost.com)
    1d 13h
    Source
  136. [4.6]
    COP29 establishes rules for global carbon credit trading market (news.yahoo.com)
    1d 13h
    Source
  137. [4.3]
    Countries negotiate extended climate finance targets at COP29 summit (reuters.com)
    1d 13h
    Source
  138. [4.6]
    Developing nations walk out of COP29 climate talks over funding disputes (thejournal.ie)
    1d 14h
    Source
  139. [5.3]
    UN climate summit faces crisis as vulnerable nations walk out of finance talks (ft.com)
    1d 14h

    ScoresSource
  140. [4.9]
    Developing nations reject climate finance draft at COP29 as negotiations stall (time.com)
    1d 14h
    Source
  141. [4.7]
    COP29 negotiations falter as small island nations exit talks over climate finance concerns (independent.co.uk)
    1d 14h
    Source
  142. [4.7]
    Developing nations walk out of UN climate talks over finance disputes in Baku (aljazeera.com)
    1d 14h
    Source
  143. [5.3]
    Tensions rise at Cop29 climate talks in Baku as developing nations walk out over finance disputes (irishtimes.com)
    1d 14h

    ScoresSource
  144. [4.2]
    Climate-vulnerable nations exit COP29 talks over funding disputes (news.sky.com)
    1d 16h
    Source
  145. [5.5]
    Developing nations reject climate financing draft at UN talks as tensions rise (regina.ctvnews.ca)
    1d 16h

    ScoresSource
  146. [5.4]
    Climate vulnerable nations walk out of COP29 talks in Azerbaijan (dw.com)
    1d 16h

    ScoresSource
  147. [3.7]
    Saudi Arabia faces accusations of altering Cop29 negotiating text, raising summit concerns (theguardian.com)
    1d 16h
    Source
  148. [5.1]
    UN climate talks falter as developing nations reject draft deal for financial support (gazette.com)
    1d 16h

    ScoresSource
  149. [5.5]
    Wealthy nations boost climate finance offer to $300 billion at COP29 (economictimes.indiatimes.com)
    1d 16h

    ScoresSource
  150. [5.7]
    Wealthy nations propose $300 billion climate deal for poorer countries at COP29 (politico.eu)
    1d 17h

    ScoresSource
  151. [5.4]
    Leaked climate finance draft at COP29 sparks outrage among developing nations (hindustantimes.com)
    1d 17h

    ScoresSource
  152. [5.1]
    Developing nations express disappointment over climate funding deal at COP29 (scmp.com)
    1d 19h

    ScoresSource
  153. [4.6]
    UN climate talks in Baku extend as negotiators seek financial deal for developing nations (gazette.com)
    1d 19h
    Source
  154. [5.1]
    Negotiators extend UN climate talks in Baku to secure funding for developing nations (independent.co.uk)
    1d 20h

    ScoresSource
  155. [4.5]
    Negotiations at Cop29 in Baku extend as climate finance deal remains unresolved (news.yahoo.com)
    1d 21h
    Source
  156. [5.4]
    COP29 in Azerbaijan struggles to reach climate finance deal as key leaders miss conference (nbcnews.com)
    1d 21h

    ScoresSource
  157. [4.7]
    Wealthy nations agree to raise climate finance target to $300 billion by 2035 at COP29 (geo.tv)
    1d 21h
    Source
  158. [6.3]
    Wealthy countries agree to boost climate finance to $300 billion annually at UN talks (theguardian.com)
    1d 22h

    ScoresSource
  159. [5.7]
    Developing countries reject new climate finance proposal as insufficient (dawn.com)
    1d 22h

    ScoresSource
  160. [4.9]
    US and EU support new $300 billion annual climate finance target at COP29 (livemint.com)
    1d 22h
    Source
  161. [6.0]
    Wealthy countries agree to boost climate finance offer to $300 billion annually at UN talks (news.yahoo.com)
    1d 23h

    ScoresSource